Part 2 Points: 0 of 2 Save Water Wond is considering purchasing a water park in Atlanta, Georgia, for $2.300,000. The new facility will generate annual net cash inflows of $530,000 for ten years. Engineers estimate that the facility wit remain useful for ten years and have no residual value. The company uses straight-line depreciation, Its owners want payback in less than five years and an ARR of 10% or more. Management uses a 14% hurdle rate on investments of the nature (Click the icon to view the present valu annuity table) (Click the icon to view the present value table) (Click the icon to view the future value annuity table) Read the mauirements (Click the icon to view the future value table) Requirement 1. Compute the payback period, the ARR, the NPV, and at 88 of isinament.at one decimal place) The payback period (in years) is (Round the percentage to the nearest tenth percent.) The ARR (accounting rate of retum) is Requirements atvan win he digest interest rate shown in the tables) found the payback period X 1. Compute the payback period, the ARR, the NPV, and the approximate RR of this investiment of you use the tables to compute the IRR answer with the closest interest rate shown in the tables) 2. Recommend whether the company should invest in this project Print Done