Answer the question before For the last one in requirement one you should choose between this 1. 16% and 18%2. 20% and 22%3. 22% and 24 %4. 18% and 20 %Also for requirement two choos the correct answer isRecommendation:1. Do not invest in the new facility 2. Invest in the new facility

V Splash World is considering purchasing a water park in Fort Worth, Texas, for $2,050,000. The new facility will generate annual net cash inflows of $530,000 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 10% 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 (in years) is - X Requirements (Round the percentage to the nearest tenth percent.) The ARR (accounting rate of return) is 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 (Round your answer to the nearest whole dollar.) closest interest rate shown in the tables ) 2. Recommend whether the company should invest in this project. Net present value The IRR (internal rate of return) is between DE Requirement 2. Recommend whether the company should invest in this project. Print Done Recommendation