10 On January 1, 2018, you deposited $6,300 in a savings account. The account will earn 10 percent annual compound interest, which will be added to the fund balance at the end of each year. 6.81 points Required: 1. What will be the balance in the savings account at the end of 4 years? 2. What is the total interest for the 4 years? 3. How much interest revenue did the fund earn in 2018 and in 2019? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the total interest for the 4 years? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your intermediate and final answer to 2 decimal places.) Total Interest 10 On January 1, 2018, you deposited $6,300 in a savings account. The account will earn 10 percent annual compound interest, which will be added to the fund balance at the end of each year. 5.81 points Required: 1. What will be the balance in the savings account at the end of 4 years? 2. What is the total interest for the 4 years? 3. How much interest revenue did the fund earn in 2018 and in 2019? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much interest revenue did the fund earn in 2018 and in 2019? (Round your final answers to 2 decimal places.) 2018 2019 Interest Revenue Interest Revenue 5 Robertson Resorts is considering whether to expand their Pagosa Springs Lodge. The expansion will create 24 additional rooms for rent. The following estimates are available: 6.81 points Cost of expansion Discount rate Useful life Annual rental income Annual operating expenses $3,470,000 8% 20 $1,550,000 $1,100,000 Robertson uses straight-line depreciation and the lodge expansion will have a residual value of $2,240,000. Required: 1. Calculate the annual net operating income from the expansion. 2. Calculate the annual net cash inflow from the expansion. 3. Calculate the ARR. (Round your answer to 2 decimal places.) 4. Calculate the payback period. (Round your answer to 1 decimal place.) 5. Calculate the NPV. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round your final answer to nearest whole dollar amount.) 1. Annual Operating Income 2. Annual Net Cash Inflow 3 ARR 4. Payback Period 5 NPV % years 10 On January 1, 2018, you deposited $6,300 in a savings account. The account will earn 10 percent annual compound interest, which will be added to the fund balance at the end of each year. 6.81 points Required: 1. What will be the balance in the savings account at the end of 4 years? 2. What is the total interest for the 4 years? 3. How much interest revenue did the fund earn in 2018 and in 2019? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What will be the balance in the savings account at the end of 4 years? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your final answer to 2 decimal places.) Balance in the Savings Account