Carter Company is considering a project with an initial investment of $597,000 that is expected to produce cash inflows of $132,000 for ten years. Carter's required rate of return is 10%. (Click on the icon to view Present Value of $1 table.) (Click on the icon to view Present Value of Ordinary Annuity of $1 table.) 14. What is the NPV of the project? 15. What is the IRR of the project? Is this an acceptable project for Carter? 16. . 14. What is the NPV of the project? (Enter the factor amount to three decimal places, X.XXX. Round the present value of the annuity to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net Cash Annuity PV Factor Present Years Inflow (i=10%, n=10) Value 1-10 Present value of annuity Investment Net present value 0 Present Value of $1 8% 9% 10% 12% 14% 0.926 0.917 0.909 0.893 0.877 0.857 0.8420.826 0.797 0.769 0.794 0.772 0.751 0.712 0.675 0.735 0.708 0.683 0.636 0.592 0.681 0.650 0.621 0.567 0.519 0.630 0.596 0.564 0.507 0.456 0.583 0.547 0.513 0.452 0.400 0.540 0.502 0.467 0.404 0.351 0.500 0.460 0.424 0.361 0.308 0.463 0.422 0.386 0.322 0.270 15% 16% 18% 20% 0.870 0.862 0.847 0.833 0.756 0.743 0.7180.694 0.658 0.641 0.609 0.579 0.572 0.552 0.516 0.482 0.497 0.476 0.437 0.402 0.432 0.410 0.370 0.335 0.376 0.354 0.314 0.279 0.327 0.305 | 0.266 0.233 0.284 0.263 0.225 0.194 0.247 0.227 0.191 0.162 Periods 1% 2% 3% 4% 5% 6% 7% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 Period 2 0.980 0.961 0.943 0.925 0.907 0.890 0.873 Period 3 0.971 0.942 0.915 0.889 0.864 0.840 0.816 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.763 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.713 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.666 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.623 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.582 Period 9 0.914 0.8370.766 0.703 0.645 0.592 0.544 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.508 Period 11 0.896 0.804 0.722 0.650 0.585 0.527 0.475 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 Period 13 0.879 0.773 0.681 0.601 0.530 0.469 0.415 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0.388 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.362 Period 16 0.853 0.7280.623 0.534 0.458 0.394 0.339 Period 17 0.844 0.714 0.605 0.513 0.436 0.371 0.317 Period 18 0.836 0.700 0.587 0.494 0.416 0.350 0.296 Period 19 0.828 0.686 0.570 0.475 0.396 0.331 0.277 Period 20 0.820 0.673 0.554 0.456 0.377 0.312 0.258 Period 21 0.811 0.660 0.538 0.439 0.359 0.294 0.242 Period 22 0.803 0.647 0.522 0.422 0.342 0.278 0.226 Period 23 0.795 0.634 0.507 0.406 0.326 0.262 0.211 Period 24 0.788 0.622 0.492 0.390 0.310 0.247 0.197 Period 25 0.780 0.610 0.478 0.375 0.295 0.233 0.184 Period 26 0.772 0.598 0.464 0.361 0.281 0.220 0.172 Period 27 0.764 0.586 0.450 0.347 0.268 0.207 0.161 Period 28 0.757 0.574 0.437 0.333 0.255 0.196 0.150 Period 29 0.749 0.563 0.424 0.321 0.243 0.185 0.141 Period 30 0.742 0.552 0.412 0.308 0.231 0.174 0.131 Period 40 0.672 0.453 0.307 0.208 0.142 0.097 0.067 Period 50 0.608 0.372 0.228 0.141 0.087 0.054 0.034 0.429 0.388 0.350 0.287 0.237 0.397 0.356 0.319 0.257 0.208 0.368 0.326 0.290 0.229 0.182 0.340 0.299 0.263 0.205 0.160 0.315 0.275 0.239 0.183 0.140 0.292 0.252 0.218 0.163 0.123 0.270 0.231 0.198 0.146 0.108 0.250 0.212 0.180 0.130 0.095 0.232 0.194 0.164 0.116 0.083 0.215 0.178 0.149 0.104 0.073 0.199 0.1640.135 0.093 0.064 0.184 0.150 0.123 0.083 0.056 0.170 0.138 0.112 0.074 | 0.049 0.158 0.126 0.102 0.066 0.043 0.146 0.116 0.092 0.059 0.038 0.135 0.106 0.084 0.053 0.033 0.125 0.098 0.076 0.047 0.029 0.116 0.090 0.069 0.042 0.026 0.107 0.082 0.063 0.037 0.022 0.099 0.075 0.057 0.033 0.020 0.046 0.032 0.022 0.011 0.005 0.215 0.195 0.162 0.135 0.187 0.168 0.137 0.112 0.163 0.145 0.116 0.093 0.141 0.125 0.099 0.078 0.123 0.108 0.084 0.065 0.107 0.093 0.071 0.054 0.093 0.080 0.060 0.045 0.081 0.069 0.051 0.038 0.070 0.060 0.043 0.031 0.061 0.051 0.037 0.026 0.053 0.044 0.031 0.022 0.046 0.038 0.026 0.018 0.040 | 0.033 0.022 0.015 0.035 0.028 0.019 0.013 0.030 0.024 0.0160.010 0.026 0.021 0.014 0.009 0.023 0.0180.0110.007 0.020 0.0160.010 0.006 0.017 0.014 0.008 0.005 0.015 0.012 0.007 0.004 0.004 0.003 0.001 0.001 0.021 0.013 0.009 0.003 0.001 0.001 0.001 16% 0.862 1.605 2.246 2.798 3.274 18% 20% 0.847 0.833 1.566 1.528 2.174 2.106 2.690 2.589 3.127 2.991 3.498 3.326 3.812 3.605 4.0783.837 4.303 4.031 4.494 4.192 3.685 4.039 4.344 4.607 4.833 5.029 5.197 5.342 5.468 5.575 4.656 4.327 4.793 4.439 4.910 4.533 5.008 4.611 5.092 4.675 Present Value of Ordinary Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 Period 2 1.970 1.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 1.690 1.647 1.626 Period 3 2.941 2.884 2.829 2.775 2.723 2673 2624 2.577 2.531 2.487 2.4022.322 2.283 Period 4 3.902 3.808 3.717 3.630 3.546 3.465 3.387 3.3123.240 3.170 3.037 2.914 2.855 Period 5 4.853 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 3.605 3.433 3.352 Period 6 5.795 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.4864.355 4.111 3.889 3.784 Period 7 6.728 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 4.564 4.288 4.160 Period 8 7.652 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.5355.335 4.968 4.639 4.487 Period 9 8.566 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.9955.759 5.328 4.946 4.772 Period 10 9.471 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 5.650 5.216 5.019 Period 11 10.368 9.787 9.253 8.760 8.3067.887 7.499 7.139 6.8056.495 5.938 5.453 5.234 Period 12 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7.5367.161 6.814 6.194 5.660 5.421 Period 13 12. 134 11.348 10.635 9.986 9.394 8.853 8.358 7.9047.487 7.103 6.424 5.842 5.583 Period 14 13.004 12.106 | 11.296 | 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.628 6.002 5.724 Period 15 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 6.811 6.142 5.847 Period 16 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 6.974 6.265 5.954 Period 17 15.562 14.292 13.166 12.166 11.274 10.4771 9.763 9.122 8.5448.022 7.120 6.373 6.047 Period 18 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201 7.250 6.467 | 6.128 Period 19 17.226 15.678 14.32413.134 12.085 11.158 10.336 9.604 8.950 8.365 7.366 6.550 6.198 Period 20 18.046 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.5147.469 6.623 6.259 Period 21 18.857 17.011 15.415 14.029 12.821 11.764 10.836 10.0179.292 8.649 7.562 6.687 6.312 Period 22 19.660 17.658 15.937 14.451 13.163 12.042 11.061 10.2019.442 8.772 7.645 6.743 6.359 Period 23 20.456 18 292 16.444 14.857 13.489 12.303 11.272 10.371 9.5808.883 7.718 6.792 6.399 Period 24 21.24318.914 16.936 15.247 13.799 12.550 11.469 10.529 9.707 8.985 7.784 6.835 6.434 Period 25 22.023 19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.8239.077 7.843 6.873 6.464 Period 26 2279520.12117.877 15.983 14.375 13.003 11.826 10.8109.929 9.161 7.896 6.906 6.491 Period 27 23.560 20.707 18.327 16.330 14.643 13.211 11.987 10.935 10.027 9.237 7.943 6.935 6.514 Period 28 24.316 21.28118.764 16.663 14.898 13.406 12.137 11.051 10.116 9.307 7.984 6.961 6.534 Period 29 25.066 21.844 19.188 16.984 15.141 13.591 12.278 11.158 10.1989.370 8.022 6.983 6.551 Period 30 25.808 22.396 19.600 17.292 15.372 13.765 12.409 11.258 10.274 9.427 8.055 7.003 6.566 Period 40 32.835 27.355 23.115 19.793 17.159 15.046 13.332 11.925 10.757 9.779 8.244 7.105 6.642 Period 50 39.19631.424 25.730 21.482 18.256 15.762 13.801 12.233 10.962 9.915 8.304 7.133 6.661 5.669 5.749 5.818 5.877 5.929 5.1624.730 5.222 4.775 5.273 4.812 5.316 4.844 5.353 4.870 5.973 6.011 6.044 6.073 6.097 5.384 4.891 5.410 4.909 5.432 4.925 5.451 4.937 5.467 4.948 6.118 6.136 6.152 6.166 6.177 5.480 4.956 5.492 4964 5.502 4.970 5.510 4.975 5.517 4.979 6.233 5.548 4.997 6.246 5.554 4.999