Fulmar Laundromat is trying to enhance the services it provides to customers, mostly college students. It is looking into the purchase of new high-efficiency washing machines that will allow for the laundry's status to be checked via smartphone. Fulmar estimates the cost of the new equipment at $147,000. The equipment has a useful life of 9 years. Fulmar expects cash fixed costs of $80,000 per year to operate the new machines, as well as cash variable costs in the amount of 5% of revenues. Fulmar evaluates investments using a cost of capital of 10% Present Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Val nnuity of $1 table Read the requirements Requirement 1. Calculate the payback period and the discounted payback period for this investment, assuming Fulmar expects to generate $160,000 in incremental revenues every year from the new machines. (Round your answer to two decimal places.) The payback period for the investment assuming uniform net cash inflows is years. Requirements 1. Calculate the payback period and the discounted payback period for this investment, assuming Fulmar expects to generate $160,000 in incremental revenues every year from the new machines 2. Assume instead that Fulmar expects an uneven stream of incremental cash revenues from installing the new washing machines. Based on this estimated revenue stream, what are the payback and discounted payback periods for the investment? Year 2 Projected Revenue80,000 $ 135,000 $ 85,000 $105,000 $185,000 $195,000 $145,000 $145,000 $180,000 Enter any number Print Done parts remaining Com Periods 2% Periods 1.020 1.040 1.060 .080 1.100 1.120 1.140 160 1.180 1.200 2 1.040 1.082 1.124 1.166 1.210 1.254 .300 1.346 1.392 1.4401.488 1.538 3 1.061 1.125 1.19 1.260 1331 1.405 1.482 1.561 1.643 728 1.816 1.907 2 5 1.082 .170 1262 360 1.464 1574 1.689 1.8111.939 2.074 1.104 1.217 1.338 469 .611 1.762 1.925 2.100 2.288 2.488 6 1.126 1.265 1.419 1.587 1.772 1.974 2.195 2.436 2.700 2.986 3.297 3.635 1.149 1.316 504 .714 1949 2.211 2.502 2.826 3.185 3.583 1.172 1369 .594 852.144 2.476 2.853 3.278 3.759 4.300 9 1.195 1.423 1.689 1.999 2.358 2.773 3.252 3.803 4.435 5.160 5.987 6.931 10 1.219 1.480 1.791 2.159 2.594 3.106 3.707 4.4115.2346.192 7.305 8.594 10.086 11.806 13.786 16.060 1.243 1539 1.898 2.332 2.853 3.479 4.226 5.117 6.176 7.430 12 1.268 1.601 2.012 2.518 3.138 3.896 4.818 5.936 7.288 8.916 10.872 3.215 16.01219.343 23.298 27.983 13 1.294 1.665 2.133 2.720 3.452 4.363 5.492 6.886 8.599 10.699 13.264 16.386 20.175 24.759 30.288 36.937 14 1.319 1.732 2.26 2.937 3.797 4.887 6.261 7.988 10.147 2.839 16.182 20.319 25.421 15 1.346 1.801 2.397 3.172 4.1775.474 7.138 9.266 11.974 15.40719.742 25.196 32.030 16 1.373 1.873 2.540 3.426 4.595 6.130 8.137 10.748 14.129 18.488 24.086 31.243 40.358 17 1.400 1948 2.693 3.700 5.054 6.866 9.276 12.468 16.672 22.186 29.384 38.741 50.851 18 1.428 2.026 2.854 3.996 5.560 7.690 10.575 14.463 19.673 26.623 35.849 48.039 64.072 19 1.457 2.107 3.026 4.316 6.116 8.613 12.056 16.777 23.214 31.948 43.736 59.568 80.73 108.890 146.192 195.391 597.630 20 1.486 2.19 3.207 4.661 6.727 9.646 13.743 9.461 27.393 38.338 53.358 73.864 101.721 139.380 90.050 257.916 836.683 1.516 2.279 3.400 5.034 7400 10.804 15.668 22.574 32.324 46.005 65.096 91.592 128.169 178.406 247.065 340.449 1171.356 22 1.546 2.370 3.604 5.4378.140 12.100 17.861 26.186 38.142 55.206 79.418 113.574 161.492 228.360 321.184 449.393 1639.898 23 1.577 2.465 3.820 5.871 8.954 13.552 20.362 30.376 45.008 66.247 96.88940.831 203.480 292.300 417.539 593.199 2295.857 24 1.608 2.563 4.049 6.341 9.850 15.179 23.212 35.236 53.109 79.497 118.205 174.631 256.385 374.144 542.801 783.023 3214.20024 25 1.641 2.666 4.2926.848 10.835 7.000 26.462 40.874 62.669 95.396 144.210 216.542 323.045 478.905 705.6411033.590 4499.880 25 4 Compound Amount of Annuity of $1.00 in Arrears" (Future Value of Annuity) 10% 12% 30% 32% 1.000 1.000 1.000 1000 1.000 1.000 1.000 1.000 1.000 1.000 2.260 1.000 2.280 1.000 2.300 3.990 2 2.020 2.040 2.060 2.080 2.100 2.120 2.140 2.160 2.180 2.200 3 3.060 3.122 3.184 3.246 3.310 3.374 3.440 3.506 3.572 3.640 4 4.122 4.246 4.375 4.506 4.64 4.779 4.921 5 5.204 5.416 5.637 5.867 6.105 6.353 6.6106.8777.154 7.442 6 6.308 6.633 6.975 7.336 7.716 8.115 8.536 8.977 9.442 9.930 7 7.434 7.898 8.394 8.923 9.487 10.089 10.730 11.414 12.142 12.916 13.740 14.615 2.220 3.708 2.240 3.778 5.684 2.400 4.360 2.320 5.066 5.215 5.368 5.848 8.368 6.362 9.398 13.406 8.700 9.043 12.756 10.946 16.324 23.853 34.395 10.442 10.980 16.534 22.163 29.369 38.593 50.398 12 13.412 15.026 16.870 18.97721.384 24.133 27.271 30.850 34.931 39.581 44.87450.895 57.739 65.510 84.853 15.546 8 8.583 9.214 9.897 10.637 11.436 12.300 13.233 14.240 15.327 16.499 7.762 19.123 20.588 26.940 34.945 11 12.169 13.486 14.972 16.645 18.53120.655 23.045 25.733 28.755 32.150 35.962 40.238 45.031 23.858 32.015 2.619 56.405 25.678 9.755 10.583 11.491 12.488 13.579 14.776 16.085 17.519 19.086 20.799 22.670 10 10.950 12.006 13.181 14.487 15.937 17.549 19.337 21.321 23.521 25.959 28.657 24.712 31.643 47.062 84.320 112.303 149.240 197.997 262.356 347.309 69.814 98.739 139.235 195.929 275.300 386.420 541.988 759.784 1064.697 1491.576 2089.206 97.625 4 15.974 18.292 21.015 24.215 27.975 32.393 37.58 43.672 50.818 59.196 69.010 80.496 93.926 109.612 27.913 15 17.293 20.024 23.276 27.152 31.772 37.280 43.842 51.660 60.965 72.03585.192 100.815 9.347 141.303 167.286 13 14.680 16.627 18.882 21.495 24.523 28.029 32.089 36.786 42.219 48.497 55.746 64.110 73.751 21 0142089822 16 18.639 21.825 25.673 30.324 35.950 42.753 50.980 60.925 72.939 87.442 104.935 126.011 151.377 181.868 218.472 17 20.012 23.698 28.213 33.750 40.545 48.884 59.118 71.673 87.068 105.931 129.020 157.253 191.735 233.791 18 21.412 25.645 30.906 37.450 45.599 55.750 68.394 84.141 103.740 128.117158.405 195.994 242.585 300.252 371.518 459.449 285.014 19 22.841 27.671 33.760 41.446 51.159 63.440 78.969 98.603 123.414 154.740 94.254 244.033 306.658 385.323 483.973 607.472 802.863 20 24.297 29.778 36.786 45.762 57.275 72.052 91.025 115.380 146.628 186.688 237.989 303.601 387.389 494.213 630.165 21 25.783 31.969 39.993 50423 64.002 81.699 104.768 134.841 174.021 225.026 291.347 377465 489.110 633.593 820.215 1060.7792925.889 22 27.299 34.248 43.392 55.457 71.403 92.503 120,436 157.415 206.345 271.03 356.443 469.056 617.278 811.999 1067.280 1401.229 4097.245 23 28.845 36.618 46.996 60.893 79.543 104.603 138.297 183.601 244487 326.237 435.861 582.630 778771 1040.358 1388.464 1850.622 5737.142 24 30.422 39.083 50.816 66.765 88.497 118.155 158.659 213.978 289.494 392.484 532.750 723.461 982.251 1332.659 1806.003 2443.821 8032.999 25 32.030 41.646 54.865 73.106 98.347 133.334 181.871 249.214 342.603 471.981 650.955 898.092 1238.636 1706.803 2348.803 3226.844 11247.199 20 24 25 26 33 671 44 312 59 156 79 954 182 150 334 2n8 333 290 088 4n5 272 567 377 795 165-1114634 1561682,1R5 708 3054 444-426n 434 15747 07 Present Value of $1 Periods 2% 10% 12% 14% 16% 18% 20% 22% 24% 26% 28% 30% 32% 40% Periods 0.980 0.962 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 0.820 0.806 0.794 0.781 0.769 0.758 0.714 0.961 0.925 0.890 0.857 0.826 0.797 0.769 0.743 0.718 0.694 0.672 0.650 0.630 0.610 0.592 0.574 0.510 0.942 0.889 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 0.551 0.524 0.500 0.477 0.455 0.435 0.364 3 0.924 0.855 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 0.451 0.423 0.397 0.373 0.350 0.329 0.260 0.906 0.822 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 0.370 0.341 0.315 0.291 0.269 0.250 0.186 0.888 0.790 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 0.303 0.275 0.250 0.227 0.207 0.189 0.133 0.871 0.760 0.665 0.583 0.513 0.452 0.400 0.354 0.314 0.279 0.249 0.222 0.198 0.178 0.159 0.143 0.095 0.853 0.73 0.627 0.540 0.467 0.404 0.351 0.305 0.266 0.233 0.204 0.179 0.157 0.139 0.123 0.108 0.068 8 0.837 0.703 0.592 0.500 0.424 0.361 0.308 0.263 0.225 0.194 0.1670.144 0.125 0.108 0.094 0.082 0.048 10 0.820 0.676 0.558 0.463 0.386 0.322 0.270 0.227 0.191 0.162 0.137 0.116 0.099 0.085 0.073 0.062 0.035 10 0.804 0.650 0.527 0.429 0.350 0.287 0.237 0.195 0.162 0.135 0.112 0.094 0.079 0.066 0.056 0.047 0.025 11 0.788 0.625 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 0.092 0.076 0.062 0.052 0.043 0.036 0.018 12 0.773 0.601 0.469 0.368 0.290 0.229 0.182 0.145 0.116 0.093 0.075 0.06 0.050 0.040 0.033 0.027 0.013 13 14 0.758 0.5770.442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 0.062 0.049 0.039 0.032 0.025 0.021 0.009 14 15 0.743 0.555 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 0.051 0.040 0.031 0.025 0.020 0.016 0.006 15 0.728 0.534 0.394 0.292 0.218 0.163 0.123 0.093 0.071 0.054 0.042 0.032 0.025 0.019 0.015 0.012 0.005 16 0.714 0.513 0.371 0.270 0.198 0.146 0.108 0.080 0.060 0.045 0.034 0.026 0.020 0.015 0.012 0.009 0.003 17 0.700 0.494 0.350 0.250 0.180 0.130 0.095 0.069 0.051 0.038 0.028 0.021 0.016 0.012 0.009 0.007 0.002 18 0.686 0.475 0.331 0.232 0.164 0.116 0.083 0.060 0.043 0.031 0.023 0.017 0.012 0.009 0.007 0.005 0.002 19 0.673 0.456 0.312 0.215 0.149 0.104 0.073 0.051 0.037 0.026 0.019 0.014 0.010 0.007 0.005 0.004 0.001 20 21 0.660 0.439 0.294 0.199 0.135 0.093 0.064 0.044 0.031 0.022 0.015 0.011 0.008 0.006 0.004 0.003 0.001 21 22 0.647 0.422 0.278 0.184 0.123 0.083 0.056 0.038 0.026 0.018 0.013 0.009 0.006 0.004 0.003 0.002 0.001 22 0.634 0.406 0.262 0.170 0.112 0.074 0.049 0.033 0.022 0.015 0.010 0.007 0.005 0.003 0.002 0.002 0.000 23 0.622 0.390 0.247 0.158 0.102 0.066 0.043 0.028 0.019 0.013 0.008 0.006 0.004 0.003 0.002 0.001 0.000 24 0.610 0.375 0.233 0.146 0.092 0.059 0.038 0.024 0.016 0.010 0.007 0.005 0.003 0.002 0.001 0.001 0.000 25 0 598 0361 0220 0135 O84 053 0033 0021 014 0009 O06 0040002 0002 001 0001 00n Present Value of Annuity of $1.00 in Arrears Periods! 2% 10% | 12% | 14% | 16% | 18% | 20% | 22% | 24% | 26% | 28% | 30% 32% 40% Periods 0.980 0.962 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 0.820 0.806 0.794 0.781 0.769 0.758 0.714 1.942 1.886 1.833 1.783 1.736 1.690 1.647 1.605 1.566 1.528 1492 1.457 1424 1392 1361 1331 1.224 2.884 2.775 2.673 2.577 2.487 2.402 2.322 2.246 2.174 2.106 2.042 1.981 1.923 1.868 1.816 1.766 1.589 3.808 3.630 3.465 3.312 3.170 3.037 2.914 2.798 2.690 2.589 2.494 2.404 2.320 2.2.166 2.096 1.849 4 4.713 4.452 4.212 3.993 3.791 3.605 3.433 3.274 3.1272.991 2.864 2.745 2.635 2.532 2.436 2.345 2.035 5.601 5.242 4.917 4.623 4.355 4.111 3.889 3.685 3.498 3.326 3.167 3.020 2.885 2.759 2.643 2.534 2.168 6.472 6.002 5.582 5.206 4.868 4.564 4.288 4.039 3.812 3.605 3.416 3.242 3.083 2.937 2.802 2.677 2.263 7 7.325 6.733 6.210 5.747 5.335 4.968 4.639 4.344 4.078 3.837 3.619 3.421 3.24 3.076 2.925 2.786 2.331 8.162 7.435 6.802 6.247 5.759 5.328 4.946 4.607 4.303 4.031 3.786 3.566 3.366 3.184 3.019 2.868 2.379 10 8.983 8.17.360 6.710 6.145 5.650 5.216 4.833 4.494 4.192 3.923 3.682 3.465 3.269 3.092 2.930 2.414 10 9.787 8.760 7.887 7.139 6.495 5.938 5.453 5.029 4.656 4.327 4.035 3.776 3.543 3.335 3.147 2.978 2.438 11 12 10.575 9.385 8.384 7.536 6.814 6.194 5.660 5.1974.793 4.439 4.127 3.851 3.606 3.387 3.190 3.013 2.456 12 13 11.348 9.986 8.853 7.904 7.103 6.424 5.842 5.342 4.910 4.533 4.203 3.912 3.656 3.427 3.223 3.040 2.469 13 14 12.106 10.563 9.295 8.244 7.367 6.628 6.002 5.468 5.008 4.611 4.265 3.962 3.695 3.459 3.249 3.061 2.478 14 15 12.849 11.118 9.712 8.559 7.606 6.811 6.142 5.575 5.092 4.675 4.315 4.001 3.726 3.483 3.268 3.076 2.484 15 16 13.578 11.652 10.106 8.85 7.824 6.974 6.265 5.668 5.162 4.730 4.357 4.033 3.7513.503 3.283 3.088 2.489 16 17 14.292 12.166 0.477 9.122 8.022 7.120 6.373 5.749 5.222 4.775 4.39 4.059 3.771 3.518 3.295 3.097 2.492 17 18 14.992 12.659 10.828 9.372 8.201 7.250 6.467 5.818 5.273 4.812 4.419 4.080 3.786 3.529 3.304 3.104 2.494 18 19 15.678 13.134 11.158 9.604 8.365 7.366 6.550 5.877 5.316 4.843 4.442 4.097 3.799 3.539 3.311 3.109 2.496 19 20 16.351 13.590 11.470 9.818 8.514 7.469 6.623 5.929 5.353 4.870 4.460 4.110 3.808 3.546 3.316 3.113 2.497 20 21 17.011 14.029 11.764 10.017 8.649 7.562 6.687 5.973 5.384 4.891 4.476 4.121 3.816 3.55 3.320 3.116 2.498 21 22 17.658 14.451 12.042 10.201 8.772 7.645 6.743 6.011 5.410 4.909 4.488 4.130 3.822 3.556 3.323 3.118 2.498 22 23 18.292 14.857 12.303 10.371 8.883 7.718 6.792 6.044 5.432 4.925 4.499 4.137 3.827 3.559 3.325 3.120 2.499 23 24 18.914 15.247 12.550 10.529 8.985 7.784 6.835 6.073 5.451 4.937 4.507 4.143 3.831 3.562 3.327 3.121 2.499 24 25 19.523 15.622 12.783 10.675 9.077 7.843 6.873 6.097 5.467 4.948 4.514 4.147 3.834 3.564 3.329 3.122 2.499 25