A new computer system will require an initial outlay of $24,500, but it will increase the firm's cash flows by $4,900 a year for each of the next 8 years. Calculate the NPV and decide if the system is worth installing if the required rate of return is 9%. Calculate the NPV and decide if the system is worth installing if the required rate of return is 14%. How high can the discount rate be before you would reject the project?