Your gallery can borrow at 8% in order to upgrade your computers. New

Your gallery can borrow at 8% in order to upgrade your computers. New

Your gallery can borrow at 8% in order to upgrade your computers. New computers will cost $15,000. Your estimate that this upgrade will increase your gallerys cash flow by $7,000/yr. for the next three years. Calculate the NPV of this acquisition. If you decide that you should this project (if the NPV is positive), show that you can make interest and principal payments with the increased cash flows generated by these new computers.