What is the NPV of the new lockbox system?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
Suppose in addition to the variable charge that there is an annual fixed charge of $4,000 to be paid at the end of each year. What is the NPV now?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.