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need the pv value of annuity 6% Santano Rey is considering the purchase of equipment for Business Solutions that would allow the company to add

need the pv value of annuity 6%
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Santano Rey is considering the purchase of equipment for Business Solutions that would allow the company to add a new product to its computer furmiture line The equipment is expected to cost $355,200 and to have a six-year life and no salvoge value. The equipment is expected to generote income of $14,639 and net cosh flow of $69,980 in each year of its six-year life. Santana requires an 6% return on all investments. (PV of Si PV of S1, PVA of S1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) (Negative net present values should be indicated with a minus sign. Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole number.) Required: 1.0. Compute the paybock period for this equipment. 1.b. Compute the net present volue for this equipment. 1.c. Compute internal rate of return for this equipment. 2. If Sontano requires investments to hove poybock periods of four years or less, should she invest in this equipment? 3. If Sontono requires investments to have ot least an 6% internal rate of return, should she invest in this equipment? Complete this question by entering your answers in the tabs below. Compute the net present value for this equipment. (Negative values must be entered as a negative number.) Table B.1* Present Value of 1 p=1/(1+i)n *Used to compute the present value of a known future amount. For example: How much would you need to invest today at 10% compounded semiannually to accumulate $5,000 in 6 years from today? Using the factors of n=12 and i=5% (12 semiannual periods and a semiannual rate of 5% ), the factor is 0.5568 . You would need to invest $2,784 today ($5,0000.5568)

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