nts QS 11-14 (Algo) Net present value of an annulty LO P3 Pena,Company is considering an investment of $20,957 that provides net cash flows of $6,900 annually for four years. (a) if Pena Company requires a 9% return on its investments, what is the net present value of this investment? (PV of $1. FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) (b) Based on net present value, should Pene Company make this investment? Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B What is the net present value of this investment? Years 1-41 Initial investment Net present value Net Cash Flows PV Factor Present Value of Net Cash Flows 0.000 3.2307 - $ 22.354 20.957 Required B > QS 11-17 (Algo) Net present value of annulty and salvage value LO P3 Pablo Company is considering buying a machine that will yield income of $2,200 and net cash flow of $15,200 per year for three years. The machine costs $45,300 and has an estimated $6,300 salvage value. Pablo requires a 15% return on its investments. Compute the net present value of this investment. (PV of $1. EV of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tebles provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Answer is complete but not entirely correct. Years 1-3 Year 3 salvage Totals Initial investment Net present value Net Cash Flows x PV Factor Present Value of Net Cash Flows $ 15,200 x 6,300 x 2.2832 0.6575 - N $ 34,705 4,142 S 38,847 = 4,530,000 = $ (645.311) ( ed QS 11-24 (Algo) Break-even time LO A1 A $108,200 initial investment will generate the following present values of net cash flows. What is the break-even time for this investment? (EV of $1, FV of $1. PVA of $1, and EVA of $1) (Round "Break-even time" answer to 1 decimal place.) Year Initial investment Cumulative Present Value of Present Value of Net Cash Flows Net Cash Flows S (108,200) (70,018) (35,309) $ (108,200) 1. 38,182 34,709 3. 26,619 (8,691) 41 28,686 19,995 5. 26,078 46,073 Break-even time years