i Reference Present Value of $1 Periods 2% 0.980 0.961 0.942 0.924 0.906 0.641 0.567 0.888 0.871 0.853 0.837 0.820 1% 0.990 0.980 0.971 0.961 0.951 0.942 0.933 0.923 0.914 0.905 0.896 0.887 0.879 0.870 0.861 0.853 0.844 0.836 0.828 0.820 0.811 0.803 0.795 3% 0.971 0.943 0.915 0.888 0.863 0.837 0.813 0.789 0.766 0.744 0.722 0.701 0.681 0.661 0.642 0.623 0.605 0.587 0.570 0.554 0.538 0.522 0.507 4% 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 0.703 0.676 0.650 0.625 5% 0.952 0.907 0.864 0.823 0.784 0.746 0.711 0.677 0.645 0.614 0.585 0.557 0.530 0.505 0.481 0.458 0.436 0.416 0.396 0.377 0.359 0.342 6% 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.627 0.592 0.558 0.527 0.497 0.469 0.442 0.417 0.804 0.788 0.773 0.758 7% 8% 0.935 0.926 0.873 0.857 0.816 0.794 0.763 0.735 0.713 0.681 0.666 0.630 0.583 0.582 0.540 0.544 0.500 0.508 0.463 0.475 0.429 0.444 0.397 0.415 0.368 0.388 0.340 0.315 0.339 0.292 0.317 0.270 0.296 0.250 0.277 0.232 0.258 | 0.215 0.242 0.199 0.226 0.184 0.211 0.170 9% 0.917 0.842 0.772 0.708 0.650 0.596 0.547 0.502 0.460 0.422 0.388 0.356 0.326 0.299 0.275 0.252 0.231 0.212 0.194 0.178 0.164 0.150 0.138 10% 12% 0.9090.893 0.826 0.797 0.751 0.712 0.683 0.636 0.621 0.564 0.507 0.513 0.452 0.467 0.404 0.424 0.361 0.386 0.322 0.350 0.287 0.319 0.257 0.229 0.263 0.205 0.239 0.183 0.218 0.163 0.198 0.180 0.130 0.164 0.149 0.104 0.135 0.093 0.123 0.083 0.112 0.074 14% 0.877 0.769 0.675 0.592 0.519 0.456 0.400 0.351 0.308 0.270 0.237 0.208 0.182 0.160 0.140 0.123 0.108 0.095 0.083 0.073 0.064 0.056 0.049 15% 0.870 0.756 0.658 0.572 0.497 0.432 0.376 0.327 0.284 0.247 0.215 0.187 0.163 0.141 0.123 0.107 0.093 0.081 0.070 0.061 16% 18% 20% 0.862 0.847 0.833 0.743 0.7180.694 | 0.609 0.579 0.552 0.516 0.482 0.476 0.437 0.402 0.410 0.370 0.335 0.354 0.314 0.279 0.305 0.266 0.233 0.263 0.225 0.194 0.227 0.191 0.162 0.195 0.162 0.135 0.168 0.137 0.112 0.145 0.116 0.093 0.125 0.099 0.078 0.108 0.084 0.065 0.093 0.071 0.054 0.045 0.069 0.051 0.038 0.060 0.043 0.031 0.051 0.037 0.026 0.044 0.031 0.022 0.038 0.033 0.022 0.015 0.601 0.290 0.743 0.362 0.577 0.555 0.534 0.513 0.494 0.475 0.146 0.080 0.728 0.714 0.700 0.686 0.673 0.660 0.647 0.060 0.394 0.371 0.350 0.331 0.312 0.116 0.456 0.439 0.422 0.406 0.294 0.278 0.262 0.053 0.046 0.040 0.026 0.018 Print Done Reference 0.853 0.837 0.731 0.703 0.266 0.225 0.191 0.820 0.676 0.582 0.544 0.508 0.475 0.444 0.415 0.162 0.923 0.914 0.905 0.896 0.887 0.879 0.870 0.861 0.853 0.844 0.836 0.828 0.388 0.804 0.788 0.773 0.758 0.743 0.728 0.714 0.700 0.686 0.673 0.650 0.625 0.601 0.577 0.555 0.534 0.513 0.494 0.362 0.339 0.317 0.296 0.277 0.258 0.475 0.164 0.789 0.766 0.744 0.722 0.701 0.681 0.661 0.642 0.623 0.605 0.587 0.570 0.554 0.538 0.522 0.507 0.492 0.478 0.464 0.450 0.437 0.424 0.412 0.307 0.228 0.820 0.677 0.627 0.6450.592 0.614 0.558 0.585 0.527 0.557 0.497 0.530 0.469 0.505 0.442 0.481 0.417 0.458 0.394 0.436 0.371 0.416 0.350 0.396 0.331 0.377 0.312 0.359 0.294 0.342 0.278 0.326 0.262 0.310 0.247 0.295 0.233 0.281 0.220 0.268 0.207 0.255 0.196 0.243 0.185 0.231 0.174 0.142 0.097 0.087 0.054 0.456 0.439 | 0.540 0.500 0.463 0.429 0.397 0.368 0.340 0.315 0.292 0.270 0.250 0.232 0.215 0.199 0.184 0.170 0.158 0.146 0.135 0.125 0.116 0.107 0.099 0.046 0.021 0.233 0.194 0.162 0.135 0.112 0.093 0.078 0.065 0.054 0.045 0.038 0.031 0.026 0.022 0.018 0.015 0.013 0.010 0.009 0.007 0.502 0.460 0.422 0.388 0.356 0.326 0.299 0.275 0.252 0.231 0.212 0.194 0.178 0.164 0.150 0.138 0.126 0.116 0.106 0.098 0.090 0.082 0.075 0.032 0.013 0.467 0.4040.351 0.327 0.305 0.424 0.361 0.308 0.284 0.263 0.386 0.322 0.270 0.247 0.227 0.350 0.287 0.237 0.215 0.195 0.319 0.257 0.208 0.187 0.168 0.290 0.229 0.182 0.163 0.145 0.263 0.205 0.160 0.141 0.125 0.239 0.183 0.140 0.123 0.108 0.218 0.163 0.123 0.107 0.093 0.198 0.146 0.108 0.093 0.080 0.180 0.130 0.095 0.081 0.069 0.116 0.083 0.070 0.060 0.149 0.104 0.073 0.061 0.051 0.135 0.093 0.064 0.053 0.044 0.123 0.083 0.056 0.046 0.038 0.074 0.049 0.040 0.033 0.102 0.066 0.043 0.035 0.028 0.092 0.059 0.038 0.030 0.024 0.084 0.053 0.033 0.026 0.021 0.076 0.029 0.023 0.018 0.069 0.042 0.026 0.020 0.016 0.063 0.037 0.022 0.017 0.014 0.057 0.033 0.020 0.015 0.012 0.022 0.011 0.005 0.004 0.003 0.009 0.003 0.001 0.001 0.001 0.137 0.116 0.099 0.084 0.071 0.060 0.051 0.043 0.037 0.031 0.026 0.022 0.019 0.016 0.014 0.011 0.422 0.660 0.647 0.634 0.622 0.610 0.242 0.226 0.211 0.406 0.390 0.112 0.811 0.803 0.795 0.788 0.780 0.772 0.764 0.757 0.749 0.197 0.375 0.598 0.047 0.010 0.006 0.005 0.184 0.172 0.161 0.150 0.141 0.131 0.067 0.034 0.361 0.347 0.333 0.321 0.308 0.208 0.141 0.586 0.574 0.563 0.552 0.453 0.372 0.742 0.008 0.007 0.001 0.004 0.001 0.672 0.608 50 Print Done A Reference Periods 1% 0.990 1.970 2.941 3.546 3.902 4.853 5.795 6.728 7.652 8.566 9.471 15% 0.870 1.626 2.283 2.855 3.352 3.784 4.160 4.487 4.772 5.019 16% 0.862 1.605 2.246 2.798 3.274 3.685 4.039 4.344 4.607 4.833 10.368 11.255 12.134 13.004 13.865 2% 3% 0.980 0.971 1.942 1.913 2.884 2.829 3.808 3.717 4.713 4.580 5.601 5.417 6.472 6.230 7.325 7.020 8.162 7.786 8.983 8.530 9.787 9.253 10.575 9.954 11.348 10.635 12.106 11.296 12.849 11.938 13.578 12.561 14.292 13.166 14.992 13.754 15.678 14.324 16.351 14.877 17.011 15.415 17.658 15.937 18.292 16.444 Present Value of Ordinary Annuity of $1 4% 5% 6% 7% 8% 9% 10% 0.962 0.952 0.943 0.935 0.926 0.917 0.909 1.886 1.859 | 1.833 1.808 1.783 1.759 1.736 2.775 2.723 2.673 2.624 2.577 2.531 2.487 3.630 3.465 3.387 3.312 3.240 3.170 4.452 4.329 4.212 4.100 3.993 3.890 3.791 5.242 5.076 4.917 4.767 4.623 4.486 4.355 6.002 5.786 5.582 5.389 5.206 5.033 4.868 6.733 6.463 6.210 5.971 5.747 5.535 5.335 7.435 7.108 6.802 6.515 6.247 5.995 5.759 8.111 7.722 7.360 7.024 6.710 6.418 6.145 8.760 8.306 7.887 7.499 7.139 6.805 6.495 9.385 8.863 8.384 7.943 7.536 7.161 6.814 9.986 9.394 8.853 8.358 7.904 7.487 7.103 10.563 9.899 9.295 8.745 8.244 7.786 7.367 11.118 10.380 9.712 9.108 8.559 8.061 7.606 11.652 10.838 10.106 9.447 8.851 8.313 7.824 12.166 11.274 10.477 9.763 9.122 8.022 12.659 11.690 10.828 10.059 | 9.372 8.756 8.201 13.134 12.085 11.158 10.336 9.604 8.950 8.365 13.590 12.462 11.470 10.594 | 9.818 | 9.129 8.514 14.029 12.821 11.764 10.836 10.017 | 9.292 8.649 14.451 13.163 12.042 11.061 10.201 9.442 8.772 14.857 13.489 12.303 11.272 10.371 9.580 8.883 12% 14% 0.893 0.877 1.6901.647 2.402 2.322 3.037 2.914 3.605 3.433 4.111 3.889 4.564 4.288 4.968 4.639 5.328 4.946 5.650 5.216 5.938 5.453 6.194 5.660 6.424 5.842 6.628 6.002 6.811 6.142 6.974 6.265 7.120 6.373 7.250 6.467 7.366 6.550 7.469 6.623 7.562 6.687 7.645 6.743 7.718 6.792 18% 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 5.384 5.410 5.432 5.234 5.421 5.583 5.724 5.847 5.954 6.047 6.128 6.198 6.259 6.312 6.359 6.399 8.544 20% 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4.031 4.192 4.327 4.439 4.533 4.611 4.675 4.730 4.775 4.812 4.844 4.870 4.891 4.909 4.925 5.029 5.197 5.342 5.468 5.575 5.669 5.749 5.818 5.877 5.929 5.973 6.011 6.044 15.562 16.398 17.226 18.046 18.857 19.660 20.456 Print Done | 4.031 | 4.192 1.900 8.559 7.120 6.259 9mmBB46BH89%a888www | 7.652 | 7.325 ] 7.020 | 6.733 | 6.463] 6.210 | 5.971 | 5.747 | 5.535] 5.335 | 4.968] 4.639 | 4.487 4.344 | 4.078 | 3.837 8.566 | 8.162 | 17.786 7.435 7.108 | 6.802 6.515 | 6.247 | 5.995 15.759 15.328 4.946 14,772 4.607 9.471 | 8.983 18.530 18.111 7.722 7.360 7.024 | 6.710 | 6.418 16.145 5.650 5.216 5.019 4.833 4.494 10.368 19.787 | 9.253 8.760 8.306 7.887 7.499 | 7.139 6.805 6.495 5.938 5.453 5.234 5.029 4.656 4.327 11.255 | | 10.575 | | 9.954 19.385 8.863 18.384 7.943 | 7.536 7.1611 6.814 6.194 5.660 5.421 5.197 4.793 4.439 12.134 | 11.348 | 10.635 | 9.986 19.394 18.853 8.358 7.487 17.103 6.424 5.842 5.583 5.342 4.910 4.533 13.004 ) 12.106 | 1.296 | 10.563 19.899 9.295 18.745 18.244 7.786 7.367 6.628 6.002 5.724 5.468 5.008 4.611 13.865 | 12.849 | 11.938 | 11.118 10.380 9.712 9.108 8.061 7.606 6.811 6.142 5.847 5.575 5.092 4.675 14.718| 13.578 | 12.561 11.652 | 10.838|10.106 19.447 8.851 8.313 7.824 6.974 6.265 5.954 5.669 5.162 4.730 15.562 | 14.292 | 13.166 | 12.166 | 11.274 | 10.477 | 9.763 | 9.122 8.544 8.022 6.373 6.047 5.749 5.222 4.775 16.398 | 14.992 | 13.754 | 12.659 | 11.690 | 10.828 10.059 | 9.372 8.756 18.201 7.250 6.467 6.128 5.818 5.273 4.812 17.226 | 15.678 | 14.324 | 13.134 | 12.085 | 11.158 10.336 19.604 8.950 8.365 7.366 6.550 6.198 5.877 5.316 4.844 18.046 | 16.351| 14.877 | 13.590 12.462 11.470 10.594 | 9.818 19.129 8.514 7.469 6.623 5.929 5.353 4.870 18.857 | 17.011 | 15.415 | 14.029 | 12.821 | 11.764 10.836 | 10.017 19.292 8.649 17.562 6.687 6.312 5.973 5.384 4.891 | 19.660 17.658 | 15.937114.451| 13.163112.042| 11.061110.2011 9.442 8.772 17.645 6.743 6.359 6.011 5.410 4.909 20.456 | 18.292 | 16.444 | 14.857 | 13.489 | 12.303 | 11.272 | 10.371 | 9.580 18.883 7.718 6.792 6.399 6.044 5.432 4.925 21.243 | 18.914| 16.936 | 15.247 | 13.799 | 12.550 | 11.469 | 10.529 | 9.707] 8.985 17.784 6.835 6.434 6.073 5.451 14.937 | 22.023 | 19.523 | 17.413|15.622 | 14.094 | 12.783 | 11.654 | 10.675 | 9823 9.077 17.843 6.873 6.464 6.097 5.467 22.795 | 20.121 | 17.877 | 15.983 | 14.375| 13.003 | 11.826 | 10.810 | 9.929 19.161 17.896 6.906 6.491 6.118 5.480 4.956 | 23.560 | 20.707118.327|16.330 | 14.643113.211111.987110.935 | 10.027] 9.237 17.943 16.935 6.514 6.136 4.964 | 24.316 | 21.281| 18.764 | 16.663 | 14.898 | 13.406 | 12.137111.051| 10.116 19.307 17.984 16.961 6.534 6.152 5.502 4.970 | 25.066 | 21.844 | 19.188| 16.984 | 15.141 13.591 | 12.278 | 11.158 | 10.19819.370 18.022 16.983 6.551 6.166 5.510 4.975 25.808 | 22.396 | 19.600 | 17.292 | 15.372| 13.765 | 12.409 | 11.258 | 10.2741 9.427 18.055 17.003 6.566 6.177 5.517 4.979 32.835 | 27.35 | 23.115 | 19.793 | 17.159 | 15.046| 13.332 | 11.925 | 10.757] 9.779 | 7.105 16.233 5.548 39.196 | 31.424 | 25.730 | 21.482 | 18.256 | 15.762 | 13.801 | 12.233 | 10.962 | 9.915 | 8.304 17.133 | 6.661 | 6.246 5.554 | 4.999 4.948 5.492 18.244 6.642 4.997 Print Done Cornell Company is considering a project with an initial investment of $596,500 that is expected to produce cash inflows of $125,000 for nine years, Comel's required rate of return is 12%. 14. 15. 16. What is the NPV of the project? What is the IRR of the project? Is this an acceptable project for Cornell? 3/ (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? (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 Inflow Annuity PV Factor (i=12%, n=9) Present Value Years 1-9 Present value of annuity 0 Investment Net present value 15. What is the IRR of the project? Start by calculating the Annuity PV factor. (Enter the factor amount to three decimal places, X.XXX.) Annuity PV factor Amount of cash inflow Initial Investment Required rate of return ect for Cornell? Years This v an acceptable project for Cornell, because the NPV is than zero and the IRR is than Cornell's required rate of retum. Choose from any list or enter any number in the input fields and then continue to the next question. Comell Company is considering a project with an initial investment of $596,500 that is expected to produce cash inflows of $125,000 for nine years. Comell's required rate of return is 12%. 14. 15. 16. What is the NPV of the project? What is the IRR of the project? Is this an acceptable project for Cornell? (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? (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 Inflow Annuity PV Factor (i=12%, n=9) Present Value Years 1-9 Present value of annuity 0 Investment Net present value 15. What is the IRR of the project? Start by calculating the Annuity PV factor. (Enter the factor amount to three decimal places, X.XXX.) = Annuity PV factor Amount of cash inflow The IRR of the project is Initial investment 16. Is this an acceptable proiect for Required rate of return Years This an acceptable project for Cornell, because the NPV IS than zero and the IRR IS than Comell's required rate of return. Choose from any list or enter any number in the input fields and then continue to the next question. Comell Company is considering a project with an initial investment of $596,500 that is expected to produce cash inflows of $125,000 for nine years. Comell's required rate of retum is 12%. (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. 15. 16. What is the NPV of the project? What is the IRR of the project? Is this an acceptable project for Cornell? 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 Inflow Annuity PV Factor (i=12%, n=9) Present Value Years 1-9 Present value of annuity O Investment 12%-14% Net present v 14% 15. What is the IRR of the 14%-15% Start by calculating the AI 15% 18% ter the factor amount to three decimal places, X.XXX.) = Annuity PV factor 18%-20% The IRR of the project is 16. Is this an acceptable project for Cornell? This V an acceptable project for Cornell, because the NPV is than zero and the IRR IS than Cornell's required rate of retum. Choose from any list or enter any number in the input fields and then continue to the next question. Comell Company is considering a project with an initial investment of $596,500 that is expected to produce cash inflows of $125,000 for nine years. Cornell's required rate of return is 12%. 14. 15. What is the NPV of the project? What is the IRR of the project? Is this an acceptable project for Cornell? 16. (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? (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 Inflow Annuity PV Factor (=12%, n=9) Present Value Years 1-9 Present value of annuity 0 Investment Net present value 15. What is the IRR of the project? Start by calculating the Annuity PV factor. (Enter the factor amount to three decimal places, X.XXX.) Y = Annuity PV factor The IRR of the project is v 16. Is this an acceptable project for Comell? This an acceptable project for Cornell, because the NPV is than zero and the IRR is than Cornell's required rate of return. t or enter any number in the input fields and then continue to the next question. Choosis is not Cornell Company is considering a project with an initial investment of $596,500 that is expected to produce cash inflows of $125,000 for nine years. Cornell's required rate of return is 12%. 14. 15. 16. What is the NPV of the project? What is the IRR of the project? Is this an acceptable project for Cornell? (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? (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 Inflow Annuity PV Factor (i=12%, n=9) Present Value Years 1-9 O Present value of annuity Investment Net present value 15. What is the IRR of the project? Start by calculating the Annuity PV factor. (Enter the factor amount to three decimal places, X.XXX.) Annuity PV factor The IRR of the project is 16. Is this an acceptable project for Comell? This an acceptable project for Cornell, because the NPV is than zero and the IRR is than Cornell's required rate of return. Choose from any list or enter any number in the input fields and to the next question. less greater Comell Company is considering a project with an initial investment of $596,500 that is expected to produce cash inflows of $125,000 for nine years. Comell's required rate of return is 12% 14. 15. 16. What is the NPV of the project? What is the IRR of the project? Is this an acceptable project for Cornell? (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? (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 Inflow Annuity PV Factor (=12%, n=9) Present Value Years 1-9 Present value of annuity Investment Net present value 15. What is the IRR of the project? Start by calculating the Annuity PV factor. (Enter the factor amount to three decimal places, X.XXX.) = Annuity PV factor The IRR of the project is 16. Is this an acceptable project for Cornell? This an acceptable project for Comell, because the NPV is than zero and the IRR is than Cornell's required rate of retum. Choose from any list or enter any number in the input fields and then continue to the next quest less greater