Parker is planning for his retirement this year. One option that has been presented to him is the purchase of an annuity that would provide a $43,000 payment each year for the next 10 years. Click here to view the factor table. Calculate how much Parker should be willing to pay for the annuity if he can invest his funds at 7%. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to 0 decimal place, e.g. 58,971.) Annuity Payment $ Click if you would like to Show Work for this question: Open Show Work Isabelle Abiassi operates a popular summer camp for elementary school children. Projections for the current year are as follows: Sales revenue Operating income Average assets $7,200,000 $630,000 $3,600,000 The camp's weighted average cost of capital is 8%, and Isabelle requires that all new investments generate a return on investment of at least 11%. The camp's current tax rate is 25%. At last week's advisory board meeting, Isabelle told the board that she had up to $50,000 to invest in new facilities at the camp and asked them to recommend some projects. Today the board's president presented Isabelle with the following list of three potential investments to improve the camp facilities. Swimming Pool Incremental operating income Average total assets Playground $ 2,761 25,100 $ 3,330 37,000 Gym $ 1,890 13,500 Calculate the return on investment, residual income, and economic value added for each of the three projects. (Enter negative amounts using either a negative sign preceding the number, e.g. -45 or parentheses, e.g. (45). Round Economic Value Added answer to 2 decimal places, e.g. 15.25 & all other answers to 0 decimal places, e.g. 15 or 15%.) Playground Pool Gym % % % Return on Investment Residual Income $ $ $ Economic Value Added $ $ $ Which of the three projects do you recommend Isabelle undertake? rk for this question: Open Shov Swimming Pool Playground & Swimming Pool Gym Playground & Gym Swimming Pool & Gym Playground, Swimming Pool & Gym Playground