ABC construction Inc. is considering whether to purchase a Caterpillar backhoe or not. The cost of the backhoe is $42,249, the annual net benefit is $3,245, the company can sell the backhoe for $22,895 after 8 years. Given the company's MARR is 5%, what is the NPV of the backhoe? Compound Interest Factors 5% Single Payment Uniform Payment Serles Arithmetic Gradient Compound Present Sinking Amount Worth Fund Capital Recovery Compound Present Gradient Gradient Amount Worth Uniform Present Factor Factor Factor Factor Factor Factor Series Worth Find F Find P Find A Find A Find F Find P Find A Find P Given P Given F Given F Given P Given A Given A Given G Given G F/P P/F A/F A/P F/A P/A A/G P/G 1 1.050 .9524 1.0000 1.0500 1.000 0.952 0 0 2 1.102 .9070 4878 5378 2.050 1.859 0.488 0.907 3 1.158 .8638 3172 3672 3.152 2.723 0.967 2.635 4 1.216 .8227 2320 2820 4.310 3.546 1.439 5.103 5 1.276 .7835 .1810 .2310 5.526 4.329 1.902 8.237 6 1.340 .7462 .1470 .1970 6.802 5.076 2.358 11.968 6 7 1.407 .7107 .1228 .1728 8.142 5.786 2.805 16.232 8 1.477 .6768 .1047 .1547 9.549 6.463 3.244 20.970 8 9 1.551 .6446 .0907 .1407 11.027 7.108 3.676 26.127 9 10 1.629 .6139 .0795 .1295 12.578 7.722 4.099 31.652 10 11 1.710 5847 .0704 .1204 14.207 8.306 4.514 37.499 11 12 1.796 .5568 .0628 .1128 15.917 8.863 4.922 43.624 12 13 1.886 .5303 .0565 .1065 17.713 9.394 5.321 49.988 13 14 1.980 .5051 0510 .1010 19.599 9.899 5.713 56.553 14 15 2.079 .4810 .0463 .0963 21.579 10.380 6.097 63.288 15 16 2.183 4581 .0423 .0923 23.657 10.838 6.474 70.159 16 17 2.292 .4363 .0387 .0887 25.840 11.274 6.842 77.140 17 18 2.407 .4155 .0355 .0855 28.132 11.690 7.203 84.204 18 19 2.527 3957 .0327 .0827 30.539 12.085 7.557 91.327 19 20 2.653 3769 .0302 .0802 33.066 12.462 7.903 98.488 20 21 2.786 .3589 .0280 .0780 35.719 12.821 8.242 105.667 21 22 2.925 .3419 .0260 .0760 38.505 13.163 8.573 112.846 22 23 3.072 .3256 .0241 .0741 41.430 13.489 8.897 120.008 23 24 3.225 .3101 .0225 .0725 44.502 13.799 9.214 127.140 24 25 3.386 .2953 .0210 .0710 47.727 14.094 9.524 134.227 25 26 3.556 .2812 .0196 .0696 51.113 14.375 9.827 141.258 26 27 3.733 .2678 0183 .0683 54.669 14.643 10.122 148.222 27 28 3.920 .2551 .0171 .0671 58.402 14.898 10.411 155.110 28 29 4.116 .2429 .0160 .0660 62.323 15.141 10.694 161.912 29 30 4.322 .2314 .0151 .0651 66.439 15.372 10.969 168.622 30 31 4.538 2204 0141 .0641 70.761 15.593 11.238 175.233 31 32 4.765 .2099 0133 .0633 75.299 15.803 11.501 181.739 32 33 5.003 .1999 .0125 .0625 80.063 16.003 11.757 188.135 33 34 5.253 .1904 .0118 .0618 85.067 16.193 12.006 194.416 34 35 5.516 .1813 .0111 .0611 90.320 16.374 12.250 200.580 35 40 7.040 .1420 .00828 .0583 120.799 17.159 13.377 229.545 40 45 8.985 .1113 .00626 .0563 159.699 17.774 14.364 255.314 45 50 11.467 .0872 .00478 .0548 209.347 18.256 15.223 277.914 50 55 14.636 .0683 .00367 .0537 272.711 18.633 15.966 297.510 55 60 18.679 .0535 .00283 .0528 353.582 18.929 16.606 314.343 60 65 23.840 .0419 .00219 .0522 456.795 19.161 17.154 328.691 65 70 30.426 .0329 .00170 .0517 588.525 19.343 17.621 340.841 70 75 38.832 .0258 .00132 .0513 756,649 19.485 18.018 351.072 75 80 49.561 .0202 .00103 .0510 971.222 19.596 18.353 359.646 80 85 63.254 .0158 .00080 .0508 1245.1 19.684 18.635 366.800 85 90 80.730 .0124 .00063 .0506 1594.6 19.752 18.871 372.749 90 95 103.034 .00971 .00049 .0505 2040.7 19.806 19.069 377.677 95 100 131.500 .00760 .00038 .0504 2610.0 19.848 19.234 381.749 100