Park Co. is considering an investment that requires immediate payment of $21,530 and provides expected cash inflows of $6,500 annually for four years. Assume Park Co. requires a 7% return on its investments.

11.13 Saved Required information (The following information applies to the questions displayed below.) Park Co. is considering an investment that requires immediate payment of $21.530 and provides expected cash inflows of $6,500 annually for four years. Assume Park Co. requires a 7% return on its investments 1-a. What is the net present value of this investment? (PV of $1. EV of $1. PVA of Si, and EVA 551) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) 1-b. Based on NPV alone, should Park Co. invest? Complete this question by entering your answers in the tabs below. Required 1A Required 18 What is the net present value of this investment? Select Chart Amount x - Cash Flow Annual cash flow PV Factor 0.0000 Present Value $ Net present value Required 1B >