Kingbird Inc., a manufacturer of steel school lockers, plans to purchase a new punch press for use in its manufacturing process. After contacting the appropriate vendors, the purchasing department received differing terms and options from each vendor, The Engineering Department has determined that each vendor's punch press is substantially identical and each has a useful life of 20 years. In addition, Engineering has estimated that required year-end maintenance costs will be $1,020 per year for the first 5 years, $2,020 per year for the next 10 years, and $3,020 per year for the last 5 years. Following is each vendor's sales package. Vendor A: $52,930 cash at time of delivery and 10 year-end payments of $16,240 each. Vendor A offers all its customers the right to purchase at the time of sale a separate 20-year maintenance service contract, under which Vendor A will perform all year-end maintenance at a one-time initial cost of $9,760 Vendor Dr Forty semiannual payments of $10,140 each, with the first installment due upon delivery. Vendor 8 will perform all year-end maintenance for the next 20 years at no extra charge Vendor C: Full cash price of $147,200 will be due upon delivery Assuming that both Vendon A and will be able to perform the required year-end maintenance, that Kingbirds cost of funds is 10% and the machine will be purchased on January 1, compute the following: Click here to view factor tables The present value of the cash nows for vender A. (Round factor values to 3 decimal places, 128124 and Ninal answer to decimal places, ag. 458,581.) The present value of the cash outflows for this option is s The present value of the cash flows for vendor (Round Factor values to decimal 25124 and wafanswer to Wemal places, ....) The present value of the cash outfions for this options The present value of the cash flows for vendor (Round factor values to decimal places and marant decimal place 450, 5.) The present value of the cash outflows for the options Future Value of 1 (Future Value of a Single Sum) FVF = (1 +0" (n) Periods 2% 2%% 3% 4% 5% 6% 1.02000 1.02500 1.03000 1.04000 1.05000 1.06000 2 1.04040 1.05063 1.08090 1.08160 1.10250 1.12360 3 1.06121 1.07689 1.09273 1.12486 1.15763 1.19102 4 1.08243 1.10381 1.12551 1.16986 121551 1.26248 5 1.10408 1.13141 1.15927 1.21665 1.27628 1.33823 6 7 8 9 10 1.12616 1.14869 1.17166 1.19509 1.21899 1.15969 1.18869 1.21840 1.24886 1.28008 1.19405 1.22987 1.26877 1.30477 1.34392 1.26532 1.31593 1.36857 1.42331 1.48024 1.34010 1.40710 1.47746 1.55133 1.62889 1.41852 1.50363 1.59385 1.68948 1.79085 11 12 13 14 15 1.24337 1.26824 1.29361 131948 1.34587 1.31209 1.34489 1.37851 1.41297 1.44830 1.38423 1.42576 1.46853 151259 1.55797 1.53945 1.60103 1.66507 1.73168 1.80094 1.71034 1.79586 1.88565 1.97993 2.07893 1.89830 2.01220 2.13293 2.26090 2.39656 16 17 18 19 20 1.37279 1.40024 1.42825 1.45681 1.48595 1.48451 1.52162 1.56966 1.59865 1,63862 1.60471 1.65285 1.70243 1.75351 1.80611 1.87298 1.94790 2,02582 2.10685 2.19112 2.18287 2.29202 2.40062 252695 2.65330 2,54035 2.69277 2.85434 3.02560 3.20714 21 22 23 24 25 1.51567 1.5459 1.57890 1.60844 1.84001 1.67958 1.72157 1.76461 1 B0873 1.85304 1.86029 1.01610 1.97359 2.03270 2.09378 2 27877 2.36992 246472 2.56330 2.66584 2.78596 2.92526 3,07152 322510 3.38635 3.39956 3.80354 3.81975 4.04893 429187 MacBook Pro 0 DU 00 11 5 & 7 6 E R T Y U 0 P
