Norfolk State University is considering replacing some Xerox copiers with faster copiers purchased from Brother. The administration is very concerned about the rising costs of operations during the last decade. (Click the icon to view the view information on the Xerox and Brother copiers.) : (Click the icon to view the present value factor table.) 3 Click the icon to view the present value annuity factor table.) Read the requirements Requirement 1. Using DCF techniques, compute the PV of all relevant cash flows, under both alternatives, for the 5-year period discounted at 10%. As a nonprofit university, Norfolk State does not pay income taxes. Begin by completing the NPV using the total project approach. First, complete the "replace" option and then complete the "keep" option and calculate the difference in NPV between the alternatives. (Enter the present value factor to four decimal places, "X.XXXX." Round dollar amounts to the nearest whole number. Use a minus sign or parentheses for annual net cash outflows and for a negative net present value.) Present Value of Annual Cash Total Present Ordinary Annuity of $1 at 5 years, 10% Outflow Value A. Replace Net present value: Present value of annuity of equal annual net cash outflows per year = Less: Initial investment NPV of net cash flows ore - X Data Table ern ar to ot Present Value of $1 Period 3% 4% 5% 6% 7% 8% 10% 12% 14% 16% 18% 20% 25% 1 .9709 .9615 9524 9434 9346 .9259 .9091 .89298772 8621 .8475 .8333 8000 2 .9426 9246 9070 .8900 8734 8573 .8264 7972 7695 7432 .7182 6944 6400 3 .9151 .8890 .8638 8396 81637938 7513 7118 6750 6407 .6086 5787 5120 4 8885 8548 .8227 .7921 .7629 .7350 .6830 6355 5921 5523 15158 4823 4096 5 .8626 .8219 .7835 7473 .7130 6806 6209 5674 5194 4761 4371 40193277 6 .8375 .7903 .7462 .7050 .6663 6302 5645 5066 4556 4104 3704 3349 2621 7 .8131 .7599 .7107 .6651 .6227 5835 5132 4523 3996 3538 3139 2791 2097 8 .7894 .7307 6768 6274 5820 54034665 40393506 3050 2660 2326 .1678 9 .7664 .7026 6446 5919 543950024241 3606 3075 2630 2255.1938 1342 10 .7441 .6756 .6139 5584 5083 4632 3855 3220 2697 2267 1911 1615 1074 12 .7014 .6246 5568 4970 4440 3971 3186 2567 2076 1685 1372 1122 0687 15 .64195553 4810 4173 3624 3152 2394 .1827 1401 1079 .0835 0649 .0352 18 .5874 4936 4155 3503 .2959 2502 1799 .13000946.06910508 0376 0180 20 5537 4564 3769 3118 2584 2145 1486 1037 0728 .0514 0365 0261 0115 25 4776 3751 2953 2330 1842 .1460 .0923 0588 0378 .0245 0160 0105 0038 28 4371 3335 2551 1956 .1504 1159069304190255 0157009700610019 30 4120 3083 2314 1741 .1314 0994 0573 0334 0196 0116 0070.00420012 Print Done ov A Data Table - der ace Eima 6 6 Wea Present Value of Ordinary Annuity of $1 Period 3% 4% 5% 6% 7% 8% 10% 12% 14% 16% 18% 20% 25% 1 .9709 19615 .9524 .9434 .9346 9259 .9091 8929 .8772 .8621 .8475 .8333 .8000 2 1.9135 1.8861 1.8594 1.8334 1.8080 1.7833 1.7355 1.6901 1.6467 1.6052 1.5656 1.5278 1.4400 3 2.8286 2.7751 2.7232 2.6730 2.6243 2.5771 2.4869 2.4018 2.3216 2.2459 2.1743 2.1065 1.9520 4 3.7171 3.6299 3.5460 3.4651 3.3872 3.3121 3.1699 3.0373 2.9137 2.7982 2.6901 2.5887 2.3616 5 4.5797 4.4518 4.3295 4.2124 4.1002 3.9927 3.7908 3.6048 3.4331 3.2743 3.1272 2.9906 2.6893 6 5.4172 5.2421 5.0757 4.9173 4.7665 4.6229 4.3553 4.1114 3.8887 3.6847 3.4976 3.3255 2.9514 7 6.2303 6.0021 5.7864 5.5824 5.3893 5.2064 4.8684 4.5638 4.2883 4.0386 3.8115 3.6046 3.1611 7.0197 6.7327 6.4632 6.2098 5.9713 5.7466 5.3349 4.9676 4.6389 4.3436 4.0776 3.8372 3.3289 9 7.7861 7.4353 7.1078 6.8017 6.5152 6.2469 5.7590 5.3282 4.9464 4.6065 4.3030 4.0310 3.4631 10 8.5302 8.1109 7.7217 7.3601 7.0236 6.7101 6.1446 5.6502 5.2161 4.8332 4.4941 4.1925 3.5705 12 9.9540 9.3851 8.8633 8.3838 7.9427 7.5361 6.8137 6.1944 5.6603 5.1971 4.7932 4.4392 3.7251 15 11.9379 11.1184 10.3797 9.7122 9.10798.5595 7.6061 6.8109 6.1422 5.5755 5.0916 4.6755 3.8593 18 13.7535 12.6593 11.6896 10.8276 10.0591 9.37198.2014 7.2497 6.4674 5.8178 5.2732 4.8122 3.9279 20 14.8775 13.5903 12.4622 11.4699 10.5940 9.8181 8.5136 7.4694 6.6231 5.9288 5.3527 4.8696 3.9539 25 17.4131 15.6221 14.0939 12.7834 11.6536 10.6748 9.0770 7.8431 6.8729 6.0971 5.4669 4.9476 3.9849 28 18.7641 16.6631 14.8981 13.4062 12.1371 11.0511 9.3066 7.9844 6.9607 6.1520 5.5016 4.9697 3.9923 30 19.6004 17.2920 15.3725 13.7648 12.4090 11.2578 9.4269 8.0552 7.0027 6.1772 5.5168 4.9789 3.9950 co Print Done Norfolk State University is considering replacing some Xerox copiers with faster copiers purchased from Brother. The administration is very concerned about the rising costs of operations during the last decade. (Click the icon to view the view information on the Xerox and Brother copiers.) : (Click the icon to view the present value factor table.) 3 Click the icon to view the present value annuity factor table.) Read the requirements Requirement 1. Using DCF techniques, compute the PV of all relevant cash flows, under both alternatives, for the 5-year period discounted at 10%. As a nonprofit university, Norfolk State does not pay income taxes. Begin by completing the NPV using the total project approach. First, complete the "replace" option and then complete the "keep" option and calculate the difference in NPV between the alternatives. (Enter the present value factor to four decimal places, "X.XXXX." Round dollar amounts to the nearest whole number. Use a minus sign or parentheses for annual net cash outflows and for a negative net present value.) Present Value of Annual Cash Total Present Ordinary Annuity of $1 at 5 years, 10% Outflow Value A. Replace Net present value: Present value of annuity of equal annual net cash outflows per year = Less: Initial investment NPV of net cash flows ore - X Data Table ern ar to ot Present Value of $1 Period 3% 4% 5% 6% 7% 8% 10% 12% 14% 16% 18% 20% 25% 1 .9709 .9615 9524 9434 9346 .9259 .9091 .89298772 8621 .8475 .8333 8000 2 .9426 9246 9070 .8900 8734 8573 .8264 7972 7695 7432 .7182 6944 6400 3 .9151 .8890 .8638 8396 81637938 7513 7118 6750 6407 .6086 5787 5120 4 8885 8548 .8227 .7921 .7629 .7350 .6830 6355 5921 5523 15158 4823 4096 5 .8626 .8219 .7835 7473 .7130 6806 6209 5674 5194 4761 4371 40193277 6 .8375 .7903 .7462 .7050 .6663 6302 5645 5066 4556 4104 3704 3349 2621 7 .8131 .7599 .7107 .6651 .6227 5835 5132 4523 3996 3538 3139 2791 2097 8 .7894 .7307 6768 6274 5820 54034665 40393506 3050 2660 2326 .1678 9 .7664 .7026 6446 5919 543950024241 3606 3075 2630 2255.1938 1342 10 .7441 .6756 .6139 5584 5083 4632 3855 3220 2697 2267 1911 1615 1074 12 .7014 .6246 5568 4970 4440 3971 3186 2567 2076 1685 1372 1122 0687 15 .64195553 4810 4173 3624 3152 2394 .1827 1401 1079 .0835 0649 .0352 18 .5874 4936 4155 3503 .2959 2502 1799 .13000946.06910508 0376 0180 20 5537 4564 3769 3118 2584 2145 1486 1037 0728 .0514 0365 0261 0115 25 4776 3751 2953 2330 1842 .1460 .0923 0588 0378 .0245 0160 0105 0038 28 4371 3335 2551 1956 .1504 1159069304190255 0157009700610019 30 4120 3083 2314 1741 .1314 0994 0573 0334 0196 0116 0070.00420012 Print Done ov A Data Table - der ace Eima 6 6 Wea Present Value of Ordinary Annuity of $1 Period 3% 4% 5% 6% 7% 8% 10% 12% 14% 16% 18% 20% 25% 1 .9709 19615 .9524 .9434 .9346 9259 .9091 8929 .8772 .8621 .8475 .8333 .8000 2 1.9135 1.8861 1.8594 1.8334 1.8080 1.7833 1.7355 1.6901 1.6467 1.6052 1.5656 1.5278 1.4400 3 2.8286 2.7751 2.7232 2.6730 2.6243 2.5771 2.4869 2.4018 2.3216 2.2459 2.1743 2.1065 1.9520 4 3.7171 3.6299 3.5460 3.4651 3.3872 3.3121 3.1699 3.0373 2.9137 2.7982 2.6901 2.5887 2.3616 5 4.5797 4.4518 4.3295 4.2124 4.1002 3.9927 3.7908 3.6048 3.4331 3.2743 3.1272 2.9906 2.6893 6 5.4172 5.2421 5.0757 4.9173 4.7665 4.6229 4.3553 4.1114 3.8887 3.6847 3.4976 3.3255 2.9514 7 6.2303 6.0021 5.7864 5.5824 5.3893 5.2064 4.8684 4.5638 4.2883 4.0386 3.8115 3.6046 3.1611 7.0197 6.7327 6.4632 6.2098 5.9713 5.7466 5.3349 4.9676 4.6389 4.3436 4.0776 3.8372 3.3289 9 7.7861 7.4353 7.1078 6.8017 6.5152 6.2469 5.7590 5.3282 4.9464 4.6065 4.3030 4.0310 3.4631 10 8.5302 8.1109 7.7217 7.3601 7.0236 6.7101 6.1446 5.6502 5.2161 4.8332 4.4941 4.1925 3.5705 12 9.9540 9.3851 8.8633 8.3838 7.9427 7.5361 6.8137 6.1944 5.6603 5.1971 4.7932 4.4392 3.7251 15 11.9379 11.1184 10.3797 9.7122 9.10798.5595 7.6061 6.8109 6.1422 5.5755 5.0916 4.6755 3.8593 18 13.7535 12.6593 11.6896 10.8276 10.0591 9.37198.2014 7.2497 6.4674 5.8178 5.2732 4.8122 3.9279 20 14.8775 13.5903 12.4622 11.4699 10.5940 9.8181 8.5136 7.4694 6.6231 5.9288 5.3527 4.8696 3.9539 25 17.4131 15.6221 14.0939 12.7834 11.6536 10.6748 9.0770 7.8431 6.8729 6.0971 5.4669 4.9476 3.9849 28 18.7641 16.6631 14.8981 13.4062 12.1371 11.0511 9.3066 7.9844 6.9607 6.1520 5.5016 4.9697 3.9923 30 19.6004 17.2920 15.3725 13.7648 12.4090 11.2578 9.4269 8.0552 7.0027 6.1772 5.5168 4.9789 3.9950 co Print Done