2 Question 8Kermit is considering purchasing a new computer system. The purchase price is $129,645. Kermit will borrow one-fourth of thepurchase price from a bank at 10 percent per year compounded annually. The loan is to be repaid using equal annual paymentsover a 3-year period. The computer system is expected to last 5 years and has a salvage value of $6,474 at that time. Over the 5-year period, Kermit expects to pay a technician $20,000 per year to maintain the system but will save $61,807 per year throughincreased efficiencies. Kermit uses a MARR of 12 percent to evaluate investments. What is the net present worth for this newcomputer system?Enter your answer in this format: 12345>Question 9Consider palletizer at a bottling plant that has a first cost of $151,395, has operating and maintenance costs of $17,215 per year,and an estimated net salvage value of $46,025 at the end of 30 years. Assume an interest rate of 8%. What is the future worth ofthis project?Enter your answer as follow: 123456.78Kermit is considering purchasing a newcomputer system. The purchase price is$129,645. Kermit will borrow one-fourth of thepurchase price from a bank at 10 percent peryear compounded annually. The loan is to berepaid using equal annual payments over a 3-year period. The computer system is expected tolast 5 years and has a salvage value of $6,474 atthat time. Over the 5-year period, Kermitexpects to pay a technician $20,000 per year tomaintain the system but will save $61,807 peryear through increased efficiencies. Kermit usesa MARR of 12 percent to evaluate investments.What is the net present worth for this newcomputer system?

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Kermit is considering purchasing a new computer system. The purchase price is $129,645. Kermit will borrow one-fourth of the purchase price from a bank at 10 percent per year compounded annually. The loan is to be repaid using equal annual payments over a 3- year period. The computer system is expected to last 5 years and has a salvage value of $6,474 at that time. Over the 5-year period, Kermit expects to pay a technician $20,000 per year to maintain the system but will save $61,807 per year through increased efficiencies. Kermit uses a MARR of 12 percent to evaluate investments. What is the net present worth for this new computer system?