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Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 0.943 0.909 0.893 0.890 0.826 0.797 0.840 0.751

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Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 0.943 0.909 0.893 0.890 0.826 0.797 0.840 0.751 0.712 uw - 0.792 0.683 0.636 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% - 0.943 0.909 0.893 - 1.833 1.736 1.690 w 2.673 2.487 2.402 3.465 3.170 3.037 i 4.212 3.791 3.605 Jsing the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year fa he next four years, what would be the present value of the investment cash inflows, assuming an earnings rate of 12%? $20,352 53,969 522,190 $21,259 Question 2 (5 points) Question 2 (5 points) Motel Corporation is analyzing a capital expenditure that will involve a cash outlay of S208,240. Estimated cash flows are expected to be $40,000 annually for seven years. The present value factors for an annuity of S1 for seven years at interest of 6%, 8%, 10%, and 12% are 5.582,5.206, 4.868, and 4.564, respectively. The internal rate of return for this investment is OOOO Question 3 (5 points) Using the following partial table of present value of S1 at compound interest, determine the present value of 550,000 to be received three years hence with earnings at the rate of 12% a year: 10% 12% 0.943 0.909 0.893 0.890 0.797 0.712 0.792 DA 8888 Question 4 (5 points) The management of California Corporation is considering the purchase of a new machine costing $400,000. The company's desired rate of return is 10%. The present value factors for $1 at compound interest of 10% for Years 1 through 5 are 0.909, 0.826, 0.751, 0.683, and 0.621, respectively. In addition to the foregoing information, use the following data in determining the acceptability of this investment: Income from Operations Net Cash Elow Year $100,000 $180,000 40,000 120,000 20,000 100,000 10,000 90,000 10,000 90.000 The present value index for this investment OOO Question 5 (5 points) ta 6 & 7 * 8 9

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