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If Quail Company invests $46,000 today, it can expect to receive $13,400 at the end of each year for the next seven years, plus an

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If Quail Company invests $46,000 today, it can expect to receive $13,400 at the end of each year for the next seven years, plus an extra $6,100 at the end of the seventh year. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 12% return on investments? Chart Values are Based on: n = % Cash Flow Select Chart Amount PV Factor Present Value Annual cash flow Additional cash flow Net present value

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