Calculate the net present value and profitability index of a project with a net investment of $10,000 and expected net cash inflows of $4,000 a year for 14 years if the projects required return is 14 percent. Use Table IV to answer the questions. Round your answer for the net present value to the nearest dollar. Round your answer for the profitability index to two decimal places.

NPV: $ ___

PI: ___

Is the project acceptable?

The project is -Select-acceptable OR not acceptable

TABLE IV Present Value of an Annuity Interest Factor (PVIFA) ($1 per period at 7% per period for n periods); PVIFA : PVAN, = PMT (PVIFA in) 6% 0.943 1.833 2.673 3.465 4.212 4.917 5.582 6.210 6.802 7.360 7.887 8.384 8.853 9.295 9.712 10.106 10.477 10.828 11.158 11.470 12.550 12.783 13.765 15.046 15.762 16.161 7% 0.935 1.808 2.624 3.387 4.100 4.766 5.389 5.971 6.515 7.024 7.499 7.943 8.358 8.745 9.108 9.447 9.763 10.059 10.336 10.594 11.469 11.654 12.409 13.332 13.801 14.039 8% 0.926 1.783 2.577 3.312 3.993 4.623 5.206 5.747 6.247 6.710 7.139 7.536 7.904 8.244 8.559 8.851 9.122 9.372 9.604 9.818 10.529 10.675 11.258 11.925 12.233 12.377 9% 0.917 1.759 2.531 3.240 3.890 4.486 5.033 5.535 5.995 6.418 6.805 7.161 7.487 7.786 8.061 8.312 8.544 8.756 8.950 9.128 9.707 9.823 10.274 10.757 10.962 11.048 10% 0.909 1.736 2.487 3.170 3.791 4.355 4.868 5.335 5.759 6.145 6.495 6.814 7.103 7.367 7.606 7.824 8.022 8.201 8.365 8.514 8.985 9.077 9.427 9.779 9.915 9.967 11% 0.901 1.713 2.444 3.102 3.696 4.231 4.712 5.146 5.537 5.889 6.207 6.492 6.750 6.982 7.191 7.379 7.549 7.702 7.839 7.963 8.348 8.422 8.694 8.951 9.042 9.074 Period, 1% 2% 39 4% 5% 1 0.990 0.980 0.971 0.962 0.952 2 1.970 1.942 1.913 1.886 1.859 3 2.941 2.884 2.829 2.775 2.723 4 3.902 3.808 3.717 3.630 3.546 5 4.853 4.713 4.580 4.452 4.329 6 5.795 5.601 5.417 5.242 5.076 7 6.728 6.472 6.230 6.002 5.786 8 7.652 7.325 7.020 6.733 6.463 9 8.566 8.162 7.786 7.435 7.108 10 9.471 8.983 8.530 8.111 7.722 11 10.368 9.787 9.253 8.760 8.306 12 11.255 10.575 9.954 9.385 8.863 13 12.134 11.348 10.635 9.986 9.394 14 13.004 12.106 11.296 10.563 9.899 15 13.865 12.849 11.938 11.118 10.380 16 14.718 13.578 12.561 11.652 10.838 17 15.562 14.292 13.166 12.166 11.274 18 16.398 14.992 13.754 12.659 11.690 19 17.226 15.678 14.324 13.134 12.085 20 18.046 16.351 14.877 13.590 12.462 24 21.243 18.914 16.936 15.247 13.799 25 22.023 19.523 17.413 15.622 14.094 30 25.808 22.397 19.600 17.292 15.373 40 32.835 27.355 23.115 19.793 17.159 50 39.196 31.424 25.730 21.482 18.256 44.955 34.761 27.676 22.623 18.929 Period, 14% 15% 16% 17% 1 0.877 0.870 0.862 0.855 2 1.647 1.626 1.605 1.585 3 2.322 2.283 2.246 2.210 4 2.914 2.855 2.798 2.743 5 3.433 3.352 3.274 3.199 6 3.889 3.784 3.685 3.589 7 4.288 4.160 4.039 3.922 8 4.639 4.487 4.344 4.207 9 4.946 4.772 4.607 4.451 10 5.216 5.019 4.833 4.659 11 5.453 5.234 5.029 4.836 12 5.660 5.421 5.197 4.988 13 5.842 5.583 5.342 5.118 14 6.002 5.724 5.468 5.229 15 6.142 5.847 5.575 5.324 16 6.265 5.954 5.669 5.405 17 6.373 6.047 5.749 5.475 18 6.467 6.128 5.818 5.534 19 6.550 6.198 5.877 5.584 20 6.623 6.259 5.929 5.628 24 6.835 6.434 6.073 5.746 25 6.873 6.464 6.097 5.766 30 7.003 6.566 6.177 5.829 40 7.105 6.642 6.233 5.871 50 7.133 6.661 6.246 5.880 60 7.140 6.665 6.249 5.882 12% 0.893 1.690 2.402 3.037 3.605 4.111 4.564 4.968 5.328 5.650 5.938 6.194 6.424 6.628 6.811 6.974 7.120 7.250 7.366 7.469 7.784 7.843 8.055 8.244 8.304 8.324 36% 0.735 1.276 1.674 1.966 2.181 2.399 2.455 2.540 2.603 2.650 2.683 2.708 2.727 2.740 2.750 2.758 2.763 2.767 2.770 2.772 2.776 2.776 2.778 2.778 2.778 2.778 13% 0.885 1.668 2.361 2.974 3.517 3.998 4.423 4.799 5.132 5.426 5.687 5.918 6.122 6.302 6.462 6.604 6.729 6.840 6.938 7.025 7.283 7.330 7.496 7.634 7.675 7.687 40% 0.714 1.224 1.589 1.849 2.035 2.168 2.263 2.331 2.379 2.414 2.438 2.456 2.469 2.478 2.484 2.489 2.492 2.494 2.496 2.497 2.499 2.499 2.500 2.500 2.500 2.500 1896 0.847 1.566 2.174 2.690 3.127 3.498 3.812 4.078 4.303 4.494 4.656 4.793 4.910 5.008 5.092 5.162 5.222 5.273 5.316 5.353 5.451 5.467 5.517 5.548 5.554 5.555 19% 0.840 1.547 2.140 2.639 3.058 3.410 3.706 3.954 4.163 4.339 4.486 4.611 4.715 4.802 4.876 4.938 4.990 5.033 5.070 5.101 5.182 5.195 5.235 5.258 5.262 5.263 20% 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4.031 4.193 4.327 4.439 4.533 4.611 4.675 4.730 4.775 4.812 4.844 4.870 4.937 4.948 4.979 4.997 4.999 5.000 2496 0.806 1.457 1.981 2.404 2.745 3.020 3.242 3.421 3.566 3.682 3.776 3.851 3.912 3.962 4.001 4.033 4.059 4.080 4.097 4.110 4.143 4.147 4.160 4.166 4.167 4.167 28% 0.781 1.392 1.868 2.241 2.532 2.759 2.937 3.076 3.184 3.269 3.335 3.387 3.427 3.459 3.483 3.503 3.518 3.529 3.539 3.546 3.562 3.564 3.569 3.571 3.571 3.571 32% 0.758 1.332 1.766 2.096 2.345 2.534 2.678 2.786 2.868 2.930 2.978 3.013 3.040 3.061 3.076 3.088 3.097 3.104 3.109 3.113 3.121 3.122 3.124 3.125 3.125 3.125