3.00 polnt PA11-1 Calculating Accounting Rate of Return, Payback Perlod, Net Present Value, Estimating Intenal Rate of Return [LO 11-1, 11-2,11-3, 11-4] Balloons By unsct (BBs) is considerina the purchase of two new hot air balloons so that it can cxpand its dosort sunset tours Various infomation about the proposcd investmen Tollws Inial inveatment for two ho eir ballons 408,000 Ussiul Ifc Savaga valua Annual income generated ycars S 51 b0D 35,295 8% Required: 1. Accounting rate of return. (Round your answer to 1 decimal place. 2. Payoack period. (Round your answer to 2 decimal places.) 3. Net present value (NPV) Future Value ofS1. PrasAnt Value of $1. Future Value Annuit 1 esent talue Annulty o51.)(Use approprlate facton's) from the tables provided. Do not round Intemedlate calculations. Negative amount should be Indlcated by a minus sign. Round the final anawer to nearest whole dollar) 4. Recalculate tha NPW assuming BES's cost or captal is 11 percent Future Valus of $1.Prosant Valus of $1. Future Valuc Annuity o 1 should b. indicat d by minus sign. Round th final answer to nearest whola dollar.] (Use appropriate factoris from the tables provided. Do not round Intermedlate calculations, Negative amount TABLE 11.1A Future Value of $1 1.0000 1.0200 1.0404 375% 1.0000 1.0375 1.0000 1.0400 1.0816 1.0425 1.0500 1.1025 1.0609 1.0927 1.1449 3 1.1330 1.0824 1.1041 1.1262 1.1487 1.1587 1.2021 1.2472 1.2939 1.3425 1.3928 14450 2.0882 1.2625 1.3382 1.3605 1.4693 1.2313 1.2837 1.3382 1.3951 1.1593 1.2653 1.3401 1.4071 1.4775 1.5513 1.6289 2.6533 1.5007 1.6058 1.2668 1.3048 1.3439 1.3686 1.4233 1.4802 1.5036 1.5938 1.6895 1.7906 3.2071 1.8385 1.9672 3.8697 2.1589 4.6610 20 1.4859 2.2989 Periods 1.0000 1.2000 1.2500 1.5625 1.9531 2.4414 3.0518 3.8147 4.7684 5.9605 7.4506 9.3132 86.7362 1.2100 1.3310 1.4641 1.2321 1.3676 1.3225 1.5209 2 1.2769 1.4429 1.6305 1.8424 1.2996 1.2950 1.4049 1.7623 2.2107 2.7731 1.7280 2.0736 2.4883 2.9860 3.5832 4.2998 5.1598 4 1.5386 2.0114 2.3131 1.8280 1.9926 2.1719 2.3674 1.7716 1.9487 2.1436 2.3579 2.5937 6.7275 2.1950 2.5023 2.8526 3.2519 3.7072 13.7435 2.3526 2.6584 2.0762 2.3045 2.5580 2.8394 8.0623 3.0590 3.5179 4.0456 16.3665 3.1058 3.3946 11.5231 20 38.3376 TABLE 11.2A Present Value of $1 0.9804 0.9612 0.9423 0.9238 0.9057 0.8880 0.8706 0.8535 0.8368 0.8203 0.6730 0.9639 0.9290 0.9592 0.9201 0.8826 0.9346 0.8734 0.9259 0.8573 0.7938 0.7350 0.9524 0.9426 0.8900 0.8396 0.7921 0.7473 2 0.9246 0.8638 0.8227 0.7835 0.7462 0.7107 0.6768 0.8885 0.8626 0.8375 0.8631 0.8548 0.8219 0.7903 0.7599 0.7307 0.7026 0.6756 0.4564 4 0.7629 0.8121 0.7790 0.7473 0.7168 0.6302 0.5835 0.5403 0.5002 0.4632 0.7728 0.7449 0.6227 0.5820 0.7894 0.6274 0.5919 0.7441 0.5537 0.6920 0.4789 0.6595 0.4350 20 0.3769 0.3118 20% 0.9009 0.8116 0.8929 0.7972 0.8696 0.7561 0.6575 0.5718 0.4972 0.4323 0.3759 0.3269 0.2843 0.2472 0.8333 0.6944 0.5787 0.4823 0.4019 0.3349 0.9091 0.8850 0.7831 0.6931 0.6133 2 0.8417 0.7695 0.7084 0.6499 0.4096 0.3277 0.2621 0.2097 0.6830 0.6355 0.6587 0.5935 0.5346 0.4817 04339 0.3909 0.3522 0.5921 0.5645 0.4803 0.4556 0.3996 0.3506 0.3075 0.2697 0.4523 0.4665 0.4241 0.3855 0.1486 0.5019 0.2326 0.1342 0.4224 0.3220 0.1037 0.2946 20 0.0261 560859397 169866 159532 11123 9197 997308 571 024716298 1234578013 1235792605 7 2 5 7 3475 873 2 7 - 12346813602 1234568913 611558339 0135 149657203 1234568912 - 12346803691 3 8 75994 9 7449 1234567902 1 1234680258 653 2 4 7774 582 2 2 1. 2 3 4 5 6 7 9 0 29 1-1. 2 3 4 6802472 734 4 7 0123581480 1 97817 1 1234679146 1234567901 0162954 7577 9567 9 8148 3937 1361744592 - 12346791357 1234567801 2 8 8 7 259520011 2 12345678904 12345791351 1115 1234567890 12345678900 e TABLE 11.4A Present Value of Annuity of $1 0.9709 2.8286 4.5797 6.2303 375% 0.9639 2.7883 0.9524 1.8594 2.7232 0.9259 1.7833 2.5771 3.3121 3.9927 0.9592 1.8794 2.7620 0.9804 2.6730 3.4651 4.2124 4.9173 5.5824 6.2098 6.8017 7.3601 11.4699 0.9346 1.8080 2.6243 3.3872 4.1002 4.7665 5.3893 5.9713 2.8839 3.8077 2.7751 4.4207 5.1997 5.9470 6.6638 7.3513 8.0109 13.2944 5.6014 6.4720 7.3255 5.2851 6.0579 6.8028 7.5208 6.0021 6.7327 7.4353 4.3295 5.0757 5.7864 7.0197 5.7466 6.2469 7.1078 .0236 10.5940 8.9826 8.5302 14.8775 13.5903 12.4622 9.8181 0.8550 1.6681 2.3612 2.9745 3.5172 3.9975 4.4226 4.7988 0.8772 1.6467 2.3216 0.9174 0.9091 1.7355 2.4869 3.1699 3.7908 4.3553 0.8929 0.8333 1.5278 2.5887 3.3255 3.8372 4.1925 2.5313 3.2397 3.8897 2.4437 3.1024 3.6959 4.2305 4.7122 5.1461 5.5370 5.8892 7.9633 2.4018 3.0373 3.6048 2.2832 2.8550 3.3522 3.7845 3.4331 3.8887 4.2883 4.6389 4.9464 5.2161 6.6231 2.6893 4.5638 5.0330 5.5348 5.3349 5.7590 5.3282 5.6502 7.4694 5.4262 7.0248 4.7716 5.0188 6.2593 3.5705 3.9539 20 9.1285 4.8696 There is one payment each period