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For the next two questions consider a project with the following data: Question 1 The 5year project requires equipment that costs $100,000. If...

I have the following questions and the solutions but I do not have a financial calculator so I am in need of the 'long hand' work to get to the answer. (need answer without the use of a financial calculator) Can you pls show the work as to how to get to the answer with just a regular scientific calculator? Thank you!
For the next two questions consider a project with the following data:       Question 1--- The 5-year project requires equipment that costs $100,000. If undertaken, the shareholders will contribute $20,000  cash and borrow $80,000 at 6% with an interest-only loan with a maturity of 5 years and annual interest payments. The equipment  will be depreciated straight-line to zero over the 5-year life of the project. There will be a pre-tax salvage value of $5,000. There are  no other start-up costs at year 0. During years 1 through 5, the firm will sell 25,000 units of product at $5; variable costs are $3;  there are no fixed costs. What is the NPV of the project using the WACC methodology? This is the answer provided but I do not have a financial calculator:  Using the cash flow menu of a financial calculator: CF0 = - $100,000; C01 = $39,800; F01 = 4; C02 = $43,100; I =  r WACC  = 8.74; NPV = $58,028.68 Question 2 --- The 5-year project requires equipment that costs $100,000. If undertaken, the shareholders will contribute $20,000  cash and borrow $80,000 at 6% with an interest-only loan with a maturity of 5 years and annual interest payments. The equipment  will be depreciated straight-line to zero over the 5-year life of the project. There will be a pre-tax salvage value of $5,000. There are  no other start-up costs at year 0. During years 1 through 5, the firm will sell 25,000 units of product at $5; variable costs are $3;  there are no fixed costs. What is the NPV of the project using the APV methodology?  For the next 3 questions consider a project with the following data:     Question 1----The 5-year project requires equipment that costs $100,000. If undertaken, the shareholders will contribute $25,000  cash and borrow $75,000 with an interest-only loan with a maturity of 5 years and annual interest payments. The equipment will be  depreciated straight-line to zero over the 5-year life of the project. There will be a pre-tax salvage value of $5,000. There are no  other start-up costs at year 0. During years 1 through 5, the firm will sell 25,000 units of product at $5; variable costs are $3; there  are no fixed costs.   What is the NPV of the project using the WACC methodology?  This is the answer provided:  Using the cash flow menu of a  financial calculator: CF0 = -$100,000; C01 = $39,800; F01 = 4; C02 = $43,100; I =  r WACC  = 11.20; NPV = $48,300.47.  BUT I need  the actual long hand work.   Question 2---- The 5-year project requires equipment that costs $100,000. If undertaken, the shareholders will contribute $25,000  cash and borrow $75,000 with an interest-only loan with a maturity of 5 years and annual interest payments. The equipment will be  depreciated straight-line to zero over the 5-year life of the project. There will be a pre-tax salvage value of $5,000. There are no  other start-up costs at year 0. During years 1 through 5, the firm will sell 25,000 units of product at $5; variable costs are $3; there  are no fixed costs.
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  When using the APV methodology, what is the NPV of the depreciation tax shield?  This is the answer  BUT  I need the long hand  work to show me how to get to this answer:  Using a financial calculator's cash flow menu: N = 5; PMT = $6,800 = $20,000 × .34  I/YR =  r debt  = 10%;  PV depreciation   tax shield  = $25,777.35 Question 3---- The 5-year project requires equipment that costs $100,000. If undertaken, the shareholders will contribute $25,000  cash and borrow $75,000 with an interest-only loan with a maturity of 5 years and annual interest payments. The equipment will be  depreciated straight-line to zero over the 5-year life of the project. There will be a pre-tax salvage value of $5,000. There are no  other start-up costs at year 0. During years 1 through 5, the firm will sell 25,000 units of product at $5; variable costs are $3; there  are no fixed costs.   When using the APV methodology, what is the NPV of the interest tax shield?   This is the answer provided:  using a financial  calculator, N = 5; PMT = $2,550 = .10 × $75,000 × .34; I/YR =  r debt  = 10%; PV interest   tax shield  = $9,666.51.  I need the answer without use  of a financial calculator.  
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