2.775 3.808 4.917 5.335 Present Value of Annuity of $1 [Periods] % 2% 3% 4% 5% | 6% 8% 10%] 12%] 14% 116%] 18% | 20%] 1 10.990 10.980 10.97110.962 10.952 10.943 10.926 10.909 10.893 | 0.877 10.862 10.847 10.8331 1.970 | 1.942 1.913 1.886 | 1.859 | 1.833 1.783 1.736 1.690 1.647 1.605 1.566 1.528 2.941 2.884 2.829 2.723 2.673 2.577 2.487 2.402 2.322 2.246 2.174 2.106 3.902 3.717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 2.798 2.690 2.589 4.853 4.713 4.580 4.452 4.329 4.212 3.993 3.791 3.605 3.433 3.274 3.127 2.991 5.795 5.601 5.417 5.242 5.076 4.623 4.355 4.111 3.889 3.685 3.498 3.326 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 4.564 4.288 4.039 3.812 3.605 7.652 7.325 7.020 6.733 6.463 6.210 5.747 4.968 4.639 14.344 14.078 3.837 8.566 | 8.162 | 7.786 7.435 7.108 6.802 6.247 15.759 5.328 | 4.946 | 4.607 4.303 14.031 9.471 | 8.983 | 8.530 | 8.11 17.722 | 7.360 16.710 16.145 | 5.650 | 5.216 | 4.833 | 4.494 4.192 10.368 | 9.787 | 9.253 | 8.760 | 8.306 | 7.887 | 7.139 | 6.495 | 5.938 5.453 5.029 4.656 4.327 11.255 | 10.575 | 9.954 19.385 8.863 8.384 7.536 6.814 6.194 5.660 5.197 4.793 4.439 12.134 | 11.348 | 10.635 19.986 9.394 8.853 7.904 6.424 5.842 5.342 4.910 4.533 13.004 | 12.106 | 11.296 | 10.563 | 9.899 9.295 8.244 7.367 6.628 6.002 5.468 5.008 4.611 13.865 | 12.849 | 11.938 | 11.118 | 10.380 | 9.712 | 8.559 17.606 | 16.811 6.142 5.575 5.092 4.675 18.046 | 16.351 | 14.877 113.590 | 12.462 | 11.470 | 9.818 8.514 7.469 6.623 5.929 5.353 4.870 22.023 | 19.523 | 17.413 | 15.622 | 14.094 | 12.783 | 10.675 | 9.077 7.843 6.873 6.097 5.467 4.948 25.808 | 22.396 | 19.600 | 17.292 | 15.372 | 13.765 | 11.258 9.427 8.055 7.003 6.177 5.517 4.979 | 32.835 | 27.355 | 23.115 | 19.79317.159 | 15.046 | 11.925] 9.779 | 8.244 17.105 16.233 | 5.548 | 4.9971 5 67890HQ846 7.103 Future Value of Annuity of $1 Periods 4% 1% 1.000 2.010 3.030 4.060 5.101 2% 1.000 2.020 3.060 4.122 5.204 3% 1.000 2.030 3.091 4.184 5.309 1.000 2.040 3.122 4.246 5.416 5% 1.000 2.050 3.153 4.310 5.526 6% 1.000 2.060 3.184 4.375 5.637 8% 1.000 2.080 3.246 4.506 5.867 10% 1.000 2.100 3.310 4.641 6.105 12% 1.000 2.120 3.374 4.779 6.353 14% 1.000 2.140 3.440 4.921 6.610 16% 1.000 2.160 3.506 5.066 6.877 18% 1.000 2.180 3.572 5.215 7.154 20% 1.000 2.200 3.640 5.368 7.442 oo Voo AWN 6.152 7.214 8.286 9.369 10.462 6.468 7.662 8.892 10.159 11.464 6.633 7.898 9.214 10.583 12.006 6.802 8.142 9.549 11.027 12.578 6.975 8.394 9.897 11.491 13.181 7.336 8.923 10.637 12.488 14.487 7.716 9.487 11.436 13.579 15.937 8.115 10.089 12.300 14.776 17.549 8.536 10.730 13.233 16.085 19.337 8.977 11.414 14.240 17.519 21.321 9.442 12.142 15.327 19.086 23.521 9.930 12.916 16.499 20.799 25.959 6.308 7.434 8.583 9.755 10.950 12.169 13.412 14.680 15.974 17.293 11.567 12.683 13.809 14.947 16.097 12.808 14.192 15.618 17.086 18.599 13.486 15.026 16.627 18.292 20.024 14.207 15.917 17.713 19.599 21.579 14.972 16.870 18.882 21.015 23.276 16.645 18.977 21.495 24.215 27.152 18.531 21.384 24.523 27.975 31.772 20.655 24.133 28.029 32.393 37.280 23.045 27.271 32.089 37.581 43.842 25.733 30.850 36.786 43.672 51.660 28.755 34.931 42.219 50.818 60.965 32.150 39.581 48.497 59.196 72.035 22.019 28.243 34.785 48.886 24.297 32.030 40.568 60.402 26.870 36.459 47.575 75.401 29.778 41.646 56.085 95.026 33.066 47.727 66.439 120.800 36.786 54.865 79.058 154.762 45.762 73.106 113.283 57.275 72.052 98.347 133.334 164.494 241.333 442.593767.091 91.025 181.871 356.787 1,342.025 115.380 146.628 186.688 249.214 342.603 471.981 530.312 790.948 1,181.882 2,360.757 4,163.213 7,343.858 Present Value of $1 | Periods| % | 2% | 3% | 4% | 5% | 6% | 8% | 10% | 12% | 14% | 16% | 18% | 20% | 10.990 | 0.980 | 0.971 | 0.962 | 0.952 | 0.943 | 0.926 10.909 | 0.893 | 0.877 10.862 | 0.847 0.833 0.980 0.961 0.9431 10.925 10.907 0.890 0.8571 0.826 0.797 10.769 0.743 10.718 0.694 0.971 0.942 0.915 0.889 10.864 0.840 0.794 0.751 0.712 0.675 10.641 0.609 0.579 0.961 0.924 0.888 0.855 0.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 0.951 0.906 0.863 10.822 0.784 0.747 0.681 10.621 0.567 0.519 0.476 0.437 0.402 0.942 0.888 0.837 10.790 0.746 0.705 0.630 0.564 10.507 0.456 0.410 0.370 0.335 0.933 0.871 0.813 0.760 0.711 0.665 0.583 10.513 10.452 10.400 0.354 0.314 0.279 0.923 0.853 0.789 0.731 0.677 0.627 10.540 0.467 0.404 0.351 0.305 0.266 0.233 0.914 0.837 0.766 0.703 10.645 0.592 10.500 0.424 0.361 0.308 0.263 0.225 0.194 0.905 0.820 0.744 0.676 10.614 10.558 10.463 0.386 10.322 10.270 10.227 10.191 0.896 0.804 0.722 0.650 0.585 10.527 0.429 10.350 0.287 0.237 0.195 0.162 0.135 0.887 0.788 0.701 0.625 10.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 0.879 0.773 10.681 0.601 10.530 0.469 10.368 0.290 0.229 0.182 0.145 0.116 0.093 0.870 0.758 0.661 10.577 0.505 0.442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 0.861 0.743 0.642 10.555 10.481 0.417 0.315 10.239 0.183 0.140 0.108 0.084 0.065 0.820 10.673 10.554 10.456 10.377 10.312 0.215 0.149 0.104 0.073 0.051 0.037 0.026 0.780 0.610 10.478 0.375 10.295 0.233 0.146 0.092 10.059 0.038 10.024 0.016 0.010 0.742 0.552 0.412 0.308 0.231 0.174 0.099 10.057 0.033 0.020 0.012 0.007 0.004 0.672 lo453 | | 0.453 | 0.307 | 0.208 | 0.142 | 0.097 | 0.046 | 0.022 | 0.011 | 0.005 | 0.003 | 0.001 | 0.001 0.162 456789BHB846%89% Future Value of $1 Periods 1% 1.010 1.020 1.030 1.041 1.051 2% 1.020 1.040 1.061 1.082 3% 1.030 1.061 1.093 1.126 1.159 4% 1.040 1.082 1.125 1.170 1.217 5% 1.050 1.103 1.158 1.216 1.276 6% 1.060 1.124 1.191 1.262 1.338 8% 1.080 1.166 1.260 1.360 1.469 10% 1.100 1.210 1.331 1.464 1.611 12% 1.120 1.254 1.405 1.574 1.762 14% 1.140 1.300 1.482 1.689 1.925 16% 1.160 1.346 1.561 1.811 2.100 18% 1.180 1.392 1.643 1.939 2.288 20% 1.200 1.440 1.728 2.074 2.488 1.104 1.062 1.072 1.083 1.094 1.105 1.126 1.149 1.172 1.195 1.219 1.194 1.230 1.267 1.305 1.344 1.265 1.316 1.369 1.423 1.480 1.340 1.407 1.477 1.551 1.629 1.419 1.504 1.594 1.689 1.791 1.587 1.714 1.851 1.999 2.159 1.772 1.949 2.144 2.358 2.594 1.974 2.211 2.476 2.773 3.106 2.195 2.502 2.853 3.252 3.707 2.436 2.826 3.278 3.803 4.411 2.700 3.185 3.759 4.435 5.234 2.986 3.583 4.300 5.160 6.192 1.116 1.127 1.138 1.149 1.161 1.243 1.268 1.294 1.319 1.346 1.384 1.426 1.469 1.513 1.558 1.539 1.601 1.665 1.732 1.801 1.710 1.796 1.886 1.980 2.079 1.898 2.012 2.133 2.261 2.397 2.332 2.518 2.720 2.937 3.172 2.853 3.138 3.452 3.797 4.177 3.479 3.896 4.363 4.887 5.474 4.226 4.818 5.492 6.261 7.138 5.117 5.936 6.886 7.988 9.266 6.176 7.288 8.599 10.147 11.974 7.430 8.916 10.699 12.839 15.407 1.220 1.282 1.348 1.489 1.486 1.641 1.811 2.208 1.806 2.094 2.427 3.262 2.191 2.666 3.243 4.801 2.653 3.386 4.322 7.040 3.207 4.292 5.743 10.286 4.661 6.848 10.063 21.725 6.727 10.835 17.449 45.259 9.646 17.000 29.960 93.051 13.743 26.462 50.950 188.884 19.461 40.874 85.850 378.721 | 27.393 62.669 143.371 750.378 38.338 95.396 237.376 1,469.772 1. Compute the payback period, the ARR, the NPV, and the approximate IRR of this investment. (If you use the tables to compute the IRR, answer with the closest interest rate shown in the tables.) 2. Recommend whether the company should invest in this project. Rolling Wave is considering purchasing a water park in Atlanta, Georgia, for $1,950,000. The new facility will generate annual net cash inflows of $500,000 for eight years. Engineers estimate that the facility will remain useful for eight years and have no residual value. The company uses straight-line depreciation. Its owners want payback in less than five years and an ARR of 12% or more. Management uses a 14% hurdle rate on investments of this nature. (Click the icon to view the present value annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value annuity table.) = (Click the icon to view the future value table.) Read the requirements. Requirement 1. Compute the payback period, the ARR, the NPV, and the approximate IRR of this investment. (If you use the tables to compute the IRR, answer with the closest interest rate shown in the tables.) (Round the payback period to one decimal place.) The payback period is years