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An investment that costs $29,000 will produce annual cash flows of $5,800 for a period of 6 years. Further, the investment has an expected salvage

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An investment that costs $29,000 will produce annual cash flows of $5,800 for a period of 6 years. Further, the investment has an expected salvage value of $3,400. Given a desired rate of return of 10%, what will the r vestment generate? Use Appendix lable and Table 2 (Do not round intermediate calculations. Round your answer to the nearest whole dollar) Multiple Choice A negative net present value of $1,820 A positive net present value of $29,000 A positive net present value of $25,261 A positive net present value of $1,919 TABLE 1 PRESENT VALUE OF $1 10% 12% 14% 16% 20% 1 0.961538 0952381 0.943396 0.934579 0.925926 0917431 0.909091 0892857 0.877193 0862069 0 833333 20924556 007029 0889996 0873439 0857339 0841680 0826446 0797194 076948 0743163 0694444 3 0.888996 0863838 0839619 0816298 0793832 0.772183 0751315 071780 0674972 0640658 0 578704 4 0854804 0.822702 0792094 0762895 0735030 0708425 0683013 0635518 0592080 0552291 0482253 5 0821927 0783526 0747258 0712986 0680583 0649931 0.620921 0567427 0519369 0 476113 0.401878 6 0790315 0746215 0704961 0666342 0630170 0596267 0564474 0506631 0455587 0410442 omnia 7 0759918 0710681 0665057 0.622750 0.583490 0.547034 0.513158 0.452349 0.399637 0353830 0279082 8 0730690 0676839 0627412 0.582009 0540269 0.501866 0.466507 0403883 0.350559 0305025 0232568 9 0702587 0644609 0.591898 0.543934 0500249 0.460428 0424098 0.360610 0.307508 0262953 0193807 10 0675564 0613913 0.558395 0.508349 0.463193 0.422411 0.385543 0.321973 0 269744 0226684 0161506 11 0649581 0.584679 0526788 0475093 0.428883 0387533 0.350494 0.287476 0236617 0195417 0134588 12 0624597 0.556837 0496969 0.444012 0397114 0355535 0318631 0.256675 0.207559 0168463 0.112157 13 0600574 0530321 0468839 0414964 0.367698 0326179 0289664 0229174 0182069 0145227 0093464 M 0577475 0505068 0442301 0387817 3404610299246 02633310204620 ot597K 0125195 0077887 15 0555265 0481017 0417265 0362446 0.315242 0274538 0239392 0182696 0140096 0107927 0064905 |160533908 04581120393646 0338735 0291890 0251870 0217629 015302 002892 0093041 005408s 17 0.513373 0.436297 0.371364 0316574 0270269 0231073 0.197845 0145644 0107800 0.080207 0045073 18 0493628 0.415521 0350344 0295864 0.250249 02194 0179859 0130040 0094561 0069144 037561 9 0474642 03957340330513 0276508 0231712 0394490 0163508 20 0.456387 0376889 o 016107 0082948 0059607 00313 031DC) 258419 024548 9 0 E, R T Y U I OP. DEG HKL Ce TABLE 2 PRESENT VALUE OF AN ANNUITY OF $1 0.961538 0952381 0943396 0934579 0925926 0.917431 0.909091 0892857 0877193 0.862069 0833333 2 1886095 1.85941 1.833393 180808 1783265 1759111 1735537 t690051 1646661 1605232 1527778 3 2775091 2.723248 2673012 2624316 2577097 2531295 2486852 2401831 2 321632 2245890 2106481 4 3629895 3.545951 3.465106 3.387211 3312127 3239720 3169865 3.037349 2 913712 2.798181 2.588735 5 4451822 4329477 4212364 4300197 399210 3.889651 3790787 3604776 3.433081 3274294 2990612 6 5242137 5.075692 4.917324 4766540 4622880 4485919 4355261 47 3.888668 3.684736 3.325510 7 6.002055 5.786373 5582381 5.389289 5206370 5032953 4.868419 4563757 4288305 4.038565 3604592 6.463213 6.209794 5.971299 5746639 5534819 5334926 4967640 4638864 4343591 3837160 9 7435332 7107822 6.801692 6515232 6246888 5995247 5759024 5.328250 4946372 4606544 4.030967 8110896 7721735 7360087 7023582 6.10081 6.417658 644567 5650223 5.216116 4.833227 4192472 8760477 8306414 7886875 7498674 7138964 6805191 6495061 5937699 5.452733 5028644 4.327060 12 9.385074 8863252 8383844 7942686 7536078 2150725 6.813692 6194374 5660292 5197107 4439217 8 6732745 985648 9393573 8852683 8357651 z903776 7486904 7033S6 6423548 5842362 4 10563123 9898641 9294984 8745468 8244237 7786150 7366687 6628168 6.002072 5.467529 4610567 7606080 6.810864 6142168 5575456 4.675473 11 118387 10.379658 9712249 9107914 8559479 8060688 652296 10 837770 0.105895 9446649 8851369 8312558 7823709 6973986 6265060 5668497 47296E ! to 477260 9763223 912638 8543531 8021553 7119630 6372859 5748704 4774.4 10 827603 10059087 9371887 8755625 8201412 7249670 6.467420 5817848 4812 19 nn3939 12085321 ti 158116 335595 9603599 8905tis 20 13.590326 12 462210 11.469921 10 59 94014 9818147 9128546 8513564 7469444 662313 6 8 9 0 DFGHKL

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