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10 10 2 points 00:49:34 QS 24-14 (Algo) Net present value of an annuity LO P3 Pena Company is considering an investment of $22,355

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10 10 2 points 00:49:34 QS 24-14 (Algo) Net present value of an annuity LO P3 Pena Company is considering an investment of $22,355 that provides net cash flows of $6,600 annually for four years. (a) If Pena Company requires a 6% return on its investments, what is the net present value of this investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) (b) Based on net present value, should Pena Company make this investment? Complete this question by entering your answers in the tabs below. References Required A Required B Based on net present value, should Pena Company make this investment? Based on net present value, should Pena Company make this investment? < Required A Required B >

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