Please answer ALL requirement.

P21-33 (final answer) Question Help Greylag Laundromat is trying to enhance the services it provides to customers, mostly college students. It is looking into the purchase of new high-efficiency washing machines that will allow for the laundry's status to be checked via smartphone. Greylag estimates the cost of the new equipment at $203,000. The equipment has a useful life of 9 years. Greylag expects cash fixed costs of $78,000 per year to operate the new machines, as well as cash variable costs in the amount of 5% of revenues. Greylag evaluates investments using a cost of capital of 8%. Present Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Future Value of Annuity of$1 table Read the requirements. Requirement 1. Calculate the payback period and the discounted payback period for this investment, assuming Greylag expects to generate $165,000 in incremental revenues every year from the new machines. (Round your answer to two decimal places.) The payback period for the investment assuming uniform net cash inflows is years. Enter any number in the edit fields and then click Check Answer 3 parts remaining Clear All Check Answer X Requirements Calculate the payback period and the discounted payback period for this investment, assuming Greylag expects to generate $165,000 in incremental revenues every year from the new machines. 1 2 Assume instead that Greylag expects an uneven stream of incremental cash revenues from installing the new washing machines. Based on this estimated revenue stream, what are the payback and discounted payback periods for the investment? Year 6 1 2 4 5 7 8 $100,000 $ 110,000 130,000 $110,000 $ 170,000 $190,000 $155,000 $125,000 $165,000 Projected Revenue Print Done Present Value of $1 Periods 2% 0.080 0.981 0.042 4% 6% 8% 0.926 0.857 0.74 10% 0.909 12% 0.803 14% 0.877 16% 0.882 18% 0.847 0.718 0.600 0.516 0.437 20% 0.833 22% 0.820 24% 0.808 26% 0.794 28% 0.781 0.610 0.477 30% 0.700 0.592 0.455 32% 0.758 0.574 0.435 40% Periods 0.062 0.043 0.890 0.840 0.714 0.925 0.889 0.855 0.822 0.790 0.760 0.731 2 3 0.826 0.751 0.797 0.712 0.780 0.675 0.743 0.641 0.804 0.579 0.672 0.551 0.850 0.830 0.500 0.510 0.364 2 3 0.524 0.423 0397 0.370 0.340.315 0291 0.275 0250 0.350 0.280 0.329 0250 0.189 0.683 4 0.924 0.e08 0.792 0.747 0.735 0.681 0.621 0.830 0.836 0.502 0.519 0.552 0.478 0410 0.482 0.402 0.335 0.303 0.279 0249 0.233 0.204 0.179 0157 0.451 0.373 0.260 0.186 4 0.567 5 5 0.705 0.227 6 0.888 0.871 0.853 0.584 0.507 0.456 0.370 0.207 0.15 0.123 0.133 6 0.143 0.108 0.095 0.068 7 0.885 0.627 0.583 0.540 0467 0.513 0.452 0.400 0.404 0.35 0.354 0.305 0.314 0.222 0.198 0.178 7 0.268 0.139 0.108 0.162 0.137 0.116 0.099 0085 0582 0.820 0.678 0558 0.483 0.388 0.500 0424 0.837 0.703 0.361 0.308 0.322 0.270 0283 0.225 0.194 0.167 0.144 0.125 0.004 0.082 0.073 0.062 0.035 0.048 10 0.227 0191 10 0.804 0.788 0.773 0.162 11 0.650 0.527 0.429 0.350 0.397 0.388 0290 0.229 0.287 0237 0.195 0.135 0.112 0.004 0.079 0.088 0.058 0.047 0.025 11 0.407 0.480 0.442 0.417 0.534 0304 0.22 0218 0.018 12 13 0.625 0.601 0.319 0.257 0.208 0.168 0.145 0.137 0.116 0.093 0.075 0.081 0.050 0040 0.033 0.027 0.013 0.009 0.112 0.002 0.076 0.082 0052 0.043 0.038 12 0.182 13 14 14 0.758 0.577 0.340 0263 0.315 0239 0.205 0.160 0.125 0.078 0.062 0.049 0.039 0032 0.025 0.021 0.009 15 16 0.743 0.555 0.183 0.163 0.140 0.123 0.108 0.040 0.031 0025 0.003 0.071 0.054 0.042 0.032 0.025 0019 0.015 0.012 0.005 0.084 0.065 0.051 0.020 0.018 0.006 15 16 0.728 0714 0.700 0.146 0.130 0.116 0080 0.080 0.080 0.051 0,009 0,003 17 0.513 0371 0.270 0.198 0.350 0.108 0.005 0.045 0.038 0.080 0.043 0.031 0.023 0.034 0.026 0.020 0015 0.021 0016 0012 0.012 0.00 17 18 0.007 18 0.404 0.250 0.180 0.028 0.002 19 0.888 0.475 0331 0.232 0.164 0.083 0.017 0012 0009 0.007 0.005 0.002 19 20 0.873 0.860 0439 0.294 0.199 0.458 0.312 0215 0.149 0.104 0.135 0.093 0.073 0.084 0.051 0.037 0.028 0.019 0.014 0.010 0007 0.005 0.044 0.031 0.022 0.015 0011 0.008 0.001 0.003 0.00 0.001 0.004 20 0.004 21 0.008 0.004 21 0.056 0.018 22 0.647 0.422 0278 0.184 0.123 0.083 0.038 0.028 0.013 0.009 0.008 0.003 0.002 0.112 0.074 0.102 0.066 23 24 0.634 0.622 0390 0247 0.408 0.282 0.170 0.158 0.040 0.043 0.038 0.053 0.033 0.033 0.028 0.022 0.019 0.016 0.014 0.015 0.010 0.007 0.005 0.003 0.006 0004 0003 0.002 0.002 0.002 0.000 0.001 0.000 23 0.013 0.008 0.375 0.381 0220 0.588 0347 0.207 0.125 0.010 0.00 0.007 25 0.610 0.58 0.233 0.146 0.135 0.002 0.059 0.084 0.024 0.021 0.007 0.008 0.005 0.003 0.004 0.002 0002 0.002 0.001 0.001 0.001 0.001 0.000 0.000 28 0.011 0.010 0.008 27 0.078 0.047 0.029 0.018 0.005 0.003 0.002 0001 0.001 0.001 0.000 0.196 0.185 0.174 0.008 0.005 28 0.574 0.583 0.333 0.321 0.116 0.107 0.069 0.063 0.042 0.026 0.016 0.014 0.004 0.003 0.002 0.002 0001 0.002 0.001 0001 0.001 0.000 0.000 0.000 0.000 0.037 0.022 0.033 0.036 0.019 0.000 29 0.007 0.003 0.000 0.000 30 0.552 0.500 0.453 0.308 0.09 0.057 0.020 0.012 0.006 0.004 0.003 0.001 0.002 0.001 0001 0.000 0.000 0.000 30 38 0.253 0.088 0.010 0.005 0.000 35 0.130 0007 0.002 0.001 0.001 0.000 0.000 0.000 0.003 0.001 40 0208 0.046 0.022 0.011 0.000 0.000 0.000 0.000 0.000 0.000 40 Present Value of Annuity of $1.00 in Arrears 4% 0.962 40%% Periods 0.714 Periods 2%5 0.280 1.042 2884 3.808 4.713 5.601 6472 7.325 10% 0.000 12% 0.893 14% 16% 0.882 1.605 2.246 2.798 18% 0.847 1.588 2.174 2.600 20% 0.833 0.820 1.528 2.108 2580 22% 24% 26% 28% 30% 32% 0.758 6% 0.943 1.833 2.673 3.485 8% 0.026 1.783 2.577 3.312 4.212 3.03 0.877 1.847 0.806 0.794 1.424 0.781 1.392 0.789 1457 1.381 2 1.886 1.736 1.690 1.492 1.331 1.224 1.766 2.096 1.589 1.849 3 4 2775 2.487 3.170 2.402 3.037 3.605 2.322 2.042 2.404 1.881 2.404 1.923 1.888 2241 1.816 2.166 2.914 3.830 4.452 5.242 2.320 2.635 2.991 2.345 3.791 3.433 3.274 3.127 3.408 3.812 2.884 2.745 2.532 2.436 2843 2.035 4.17 5.582 4.623 5.206 8.210 5.747 6.247 4.355 4.868 4.111 4.584 3.889 4.288 4.630 4.946 5.216 3.685 4.039 3.326 3.167 3.416 3.020 3.242 2.885 3.083 3.241 3.076 3.386 2.750 2.534 2.188 2.283 2.331 2.379 2414 2.438 2.937 2.677 7 8.002 6.733 7.435 3.805 3.837 4.031 2.802 2.925 3.019 4.078 4.303 5.335 5.750 4.068 4,344 4.607 3.819 3.786 3.923 4.035 3.776 3.543 3.335 4.127 3.851 4.203 4.285 3.421 3.588 2.786 2.888 8.162 8.983 9.787 10.575 11.348 12.108 12.840 13.578 11.652 10.108 8.851 6.802 5.328 5.650 5.38 3.184 10 11 8.111 8.760 9.385 9.986 10.563 9.295 7.380 6.710 7.887 7.130 6.145 8.495 4.833 5.029 5.197 5.342 4.404 4.856 4.793 4.192 4.327 3.682 3.465 3.289 3.092 3.147 2.930 2978 3.013 5.453 5.600 8814 4.439 12 8.384 7.536 6.194 8.424 6.828 3.606 3.387 3.190 2.456 2.469 2.478 3.040 3.001 3.076 3.088 3.097 3.104 13 8.853 7.04 8.244 7.103 5.842 6.002 4.910 4.533 4.811 3.912 3.856 3.082 3605 3459 3.427 3.223 3240 7.387 14 5.488 5.575 5.688 5.008 5.02 5.162 5,222 5.273 4.875 4.730 4.315 4.357 15 11.118 9.712 8.550 7.606 7.824 6.811 8.974 6.142 6.285 8.373 6.467 4.001 4.033 4.050 4.080 4.097 4.110 4.121 3.726 3.751 3.483 3.503 3.518 3.529 3288 3.283 2.484 2.489 16 3.295 3.304 3.311 8.022 7.120 7.250 8.201 17 14.292 12.168 10.477 9.122 12.650 13.134 16.351 13.580 11.470 9.818 14.029 5.740 4.775 4.812 4.301 4.419 3.771 3.786 2.492 2.404 14.902 15.878 18 10.828 9.372 5.818 5.877 4.442 4.460 4.476 3.799 3.808 3.816 3.109 2.496 2.407 2.498 2.498 2.499 19 11.158 9.604 8.385 7.388 6.550 5.316 4.843 3.530 3.546 3.551 4.870 4.891 20 21 7.480 7.582 14.451 12.042 10.201 8.772 7.845 18.202 14.857 12.303 10.371 8.883 7.718 8.514 6.623 6.687 5.929 5.973 6.011 6.044 5.353 5.384 3.316 3.113 3.116 17.011 11.764 10.017 8.840 3.320 3.323 3.550 3.325 3.582 3.327 3.329 4.488 4.499 3.118 3.120 22 17.858 8.743 6.792 6.835 5.410 5.432 5.451 5.487 5.480 5.492 4.909 4.130 4.137 4.143 4.147 3.822 3.558 3.827 4.925 4.037 4.048 4.956 4.984 4.970 4.975 4.979 4.002 4.997 23 6.073 8.097 24 18.914 15.247 12.550 10.529 19.523 15.622 12.783 10.675 9.077 8.985 7.784 7.843 4.507 4.514 3.831 3.834 3.837 3.566 3.830 3.121 3.122 2.499 2.499 8.873 8.06 6.835 3.584 20.121 15.983 13.003 10.810 9.181 16.330 13.211 10.35 4.151 4.154 4.157 4.159 4.160 4.164 4.166 26 27 7.896 7.043 6.118 6.138 8.152 6.166 6.177 4.520 3.330 3.331 3.123 2500 3.123 2500 20.707 9.237 4.524 4.528 3.587 7.984 8.022 8.055 8.176 27.355 19.73 15.048 11.925 9.779 8.244 8.981 6.983 7.003 3.568 3.580 3.589 3.331 3.332 3.332 28 21.281 16.883 13.408 11.051 9.307 5.502 5.510 5.517 3.840 3.841 3.842 3.124 2.500 9.370 9.427 29 21.844 18.984 13.591 11.158 22.308 4.531 4.534 3.124 2500 3.124 30 17.202 13.785 11258 2.500 2.500 3.125 2.500 5.530 5.548 3.845 3.846 3.571 3.571 6.215 6.233 35 24.909 18.685 14.498 11.855 9.844 7.070 4.541 4.544 3.333 3.333 3.125 40 7.105 40 Payments (or receipts) at the end of each period. Compound Amount of $1.00 (The Future Value of $1.00) Perlods 4% 8% 22% 1.220 1488 1.816 28% 1280 Perlods 2% 6% 10% 12% 14% 16% 18% 20% 24% 26% 30% 32% 40% 1.320 1.742 2.300 1.120 1.140 1200 1.260 1.300 1.020 1.040 1.051 1.040 1.060 1.124 1.125 1.191 1.080 1.100 1.160 1.180 1392 1643 1.240 1.538 1.907 1.400 1082 2 1.166 1260 1210 1.331 1254 1.300 1482 1.346 1.561 1.440 1.728 1.588 2000 1.638 2097 1.690 2.197 1.960 2.744 2 1405 1689 1.925 2.195 4 1.170 1217 1.125 1265 1.316 1.082 1.262 1.338 1,419 1360 1469 1.587 1464 1.611 1.772 1574 1.762 1.974 1.811 2.100 2.436 1.939 2.288 2700 2074 2.488 2986 2.215 2.703 3.297 2.364 2.932 3.635 4.508 5.590 2520 3.176 4.002 2684 3.436 4.398 2856 3.713 4.827 3.036 4.007 5.290 3.842 5.378 7.530 1.104 5 6 7 8 1.149 1.172 1.195 1.219 1243 1.268 1.504 1.594 1.714 1.851 1.949 2.144 2.211 2.502 2.826 3.278 3.185 3.759 3.583 4,300 4,023 4,908 5.042 5.629 7.206 6.275 8.157 10.604 13.786 6.983 9.217 12.166 16.050 21.199 27.983 10.541 14.758 7 2.853 1369 2476 6.353 8 9 10 1423 1.689 1.791 1.999 2.159 2.332 2.518 3.138 2,358 2773 2.594 3.106 3.252 3.803 4.411 4435 5.234 5.160 6.192 7.430 8.916 10.699 12.839 15.407 5.987 7.305 6.931 8.594 10.657 13.215 8.005 10086 12.708 9.223 20.661 28.925 3.707 1480 11.806 10 1.898 2.012 17.922 23.298 11 1,539 1.601 2.853 3.479 4.226 4818 5.117 5.936 6.176 7.288 8.912 10.872 13.264 16.182 19.742 24.086 29.384 35.849 43,736 15.112 40.496 11 19.343 56.694 12 3.896 16.012 12 5492 6261 7.138 8.137 9276 10.575 14.4634 12.056 13 14 15 1.294 1.565 2.133 1.319 1.345 1.373 1.400 2720 3452 2937 3.172 4.363 3.797 4887 5474 6.886 7.988 9.266 8.599 10.147 11.974 16.386 20.319 25.195 20.175 25.421 32030 40.358 50.851 24.759 31.691 40.565 30.288 39.374 51.186 36.937 48.757 64.359 79.371 111.120 155.568 13 1.732 2.251 14 2.397 4.177 1801 15 16 17 1.873 2.540 3.426 3.700 3.996 4.595 6.130 5,054 6866 7.690 8.513 10.748 14.129 16.672 18.488 31.243 38.741 51.923 66.461 66.542 86.504 112.455 146.192 84.954 112.139 148.024 195.391 217.795 304.913 16 17 2.693 12.468 1948 22.186 18 19 1.428 1.457 2.107 2026 2.854 3.026 5.560 19.673 23.214 25.623 31.948 48.039 64.072 80731 101.721 128.169 161.492 85.071 108.890 426.879 597.630 18 19 4.316 6.116 16.777 59.568 38.338 45.005 55.205 20 21 22 1.485 2.191 1.516 2279 3400 1.545 2370 3604 3.207 4.661 5.034 5.437 6.727 9.646 7400 10.804 15.668 13.743 19.461 27.393 53.358 65.095 79.418 73.864 91.592 113.574 139.380 178.406 228.360 190.050 247.065 321.184 257.916 340.449 449.393 836683 1171.356 1639.898 22.574 32.324 8.140 12.100 17.861 26.186 38.142 417.539 542801 96.889 118.2057 144.210 175.936 214.642 1.577 2465 3820 1.608 2563 4.049 5.871 6.341 8.954 13.552 20.362 9.850 15.179 23212 30.376 35.236 45.008 53.109 65.247 79.497 140.831 203.480 256.385 292.300 374.144 593.199 783.023 2295.857 3214.200 174.631 62.669 73.949 1.641 2.666 4.292 4.549 4.822 6.848 10.835 17.000 26.462 40.874 47.414 95.395 216.542 268.512 323.045 407.037 478.905 612.998 705.641 917.333 1033.590 1364.339 4499.880 6299.831 1.673 2772 7.396 11.918 19.040 30.167 114.475 784,638 1192.533 1004.336 1550 293 1285.550 2015.381 8819.764 12347,670 512.867 1.707 2.883 7.988 13.110 21.325 34.390 55.000 87.260 137.371 332.955 1800.927 1.741 2.999 1.776 3.119 5.112 5.418 8.627 9.317 14.421 23.884 39.204 15.863 25.750 44693 63.800 102.967 164.845 74.009 121.501 197.814 319.474 251.864 412.854 511.952 634.820 646.212 814.228 1025.927 2377.224 3137.935 28 29 17286.737 3.243 2.000 3.946 2.208 1.811 389.758 7.686 14.785 28.102 52.800 98.100 180.314 327.997 590.668 1053.402 1851.054 3258.135 5553.911 9727.860 16599217 130161.112 4.801 10.286 21.725 45.259 93.051 188.884 378.721 750.378 1459.772 2847.038 5455.913 10347.175 19426.689 36118.865 66520.767 700037.697 5.743 10.063 17.449 29.960 50.950 85.850 143.371 237.376 1645.505 2619.996 4142075 24201.432 30 35 40 40 Compound Amount of Annuty of $1.00 In Arrears (Future Value of Annulty) 8% 1.000 2% 1.000 10% 20% 1.000 2.200 3.640 22% 1.000 2.220 3,708 26% 1.000 40 % 1.000 Perlods 4% 6% 12% 14% 16% 18% 24% 28% 30% 32% 1.000 1.000 1,000 1.000 1.000 2.100 3310 1.000 2.140 3440 1.000 1.000 1.000 1.000 1.000 2 2.020 2.040 3.060 3.122 2.060 3.184 2.080 3.246 2.120 3.374 2.160 2.180 2240 3.778 2.260 3.848 2.280 3.918 2.300 3.990 6.187 9.043 12.756 2320 4.062 2.400 4.360 3.506 3.572 4.122 4.246 4.375 5.637 6.975 4.506 5.867 7.336 4.641 6.105 7.716 4.779 6.353 8.115 4.921 6610 8.536 10.730 13.233 5.056 6.877 8.977 5.215 7,154 9.442 5.368 7442 9.930 5.524 7.740 10.442 5.684 8048 10.980 14.615 5.848 8.368 11.544 6.016 8.700 12.136 6.362 9.398 13.406 7.104 10.946 16.324 5.204 5416 6.308 6.633 7.434 7.898 6 11.414 14.240 7 8.394 9.897 8.923 10.637 9.487 10.089 12.300 14.776 17.549 12.142 15.327 12.916 13.740 17.762 22.670 15.545 20.588 25.940 16.534 22.163 17.583 23.858 18.696 25.678 23.853 34.395 49.153 69.814 98.739 139.235 8.583 9.214 11.436 16.499 19.123 19.086 23.521 28.755 34.931 42.219 9 10 9.755 10.583 11.491 10.950 12.005 13.181 12.488 14.487 16.645 18.977 13.579 16.085 19.337 17.519 21.321 20.799 25.959 32.150 39.581 24.712 29.369 38.593 50.398 32.015 42.619 34.895 47.062 31643 15.937 28.657 34.945 63.122 84.320 11 12.169 13.485 14.972 18.531 20.655 24.133 23.045 27.271 25.733 30.850 35.952 44.874 55.746 69.010 40.238 50.895 45.031 57.739 56.405 74.327 13.412 15.026 16.870 21.384 12 65.510 28.029 27.975 32.393 37.280 42.753 13 14.680 16.627 18.882 21.495 15.974 18.292 21.015 24.215 17.293 20.024 23.276 27.152 24.523 32.089 37.581 43.842 50.960 36.786 43672 51.660 48.497 59.196 72.035 64.110 80.496 100.815 125.011 157 253 73.751 93.926 119.347 84.853 109.612 97.625 127.913 167.286 112.303 149.240 197.997 195.929 275.300 386420 14 50.818 60.965 15 31.772 85.192 141.303 104.935 129.020 151.377 191.735 242.585 306.658 387.389 489.110 617.278 778.771 16 17 18.639 21.825 25.673 30.324 35.950 20.012 23.698 28.213 33.750 60.925 71.673 72.939 87.068 103.740 87.442 181.868 233.791 218.472 285.014 262.356 347.309 459.449 607.472 541.988 759.784 105.931 40.545 48.884 55.750 63.440 59.118 158.405 194.254 371518 483.973 18 19 21.412 25.645 30.905 37.450 22.841 27.671 33.760 41.446 45.599 51.159 68.394 78.969 84.141 98.603 128.117 154.740 195.994 244.033 303.601 377.465 469.056 300 252 385.323 1054.697 1491.576 123.414 186.688 174.021 225.026 802.863 1060.779 1401.229 20 21 22 24.297 29.778 36.786 45.762 57.275 72.052 25.783 31.969 39.993 50.423 27.299 34.248 43392 55.457 91.025 104.768 115.380 134841 120.436 157415 206.345 271.031 146.628 237.989 291.347 356.443 494.213 633.593 811.999 1040.358 1332.659 630.165 820215 1067 280 2089.206 2925.889 64.002 81.699 92.503 71.403 4097.245 23 28.845 36.618 46.996 60.893 30.422 39.083 50.816 79.543 104.603 138.297 183.601 88.497 118.155 158.659 213.978 244.487 326.237 289.494 392484 435.861 532.750 582.630 723.461 1388.464 1806.003 2348.803 1850.622 2443.821 5737.142 8032.999 24 65.765 982.251 73.106 471.981 557.377 681.853 25 26 32.030 41.646 54.865 33.671 44.312 59.156 79.954 109.182 150.334 208.333 29O.088 405.272 98.347 133.334 181.871 249.214 342.603 650.955 795.165 971.102 1185.744 898.092 1114.634 1238.636 1561.682 2185,708 1705.803 3225.844 4260.434 11247.19 15747.075 22046.91 3054.444 27 35.344 47.084 63.705 37.051 49.968 68.528 95.339 134210 190.699 272.889 392.503 87.351 121.100 169.374 238.499 337.502 479.221 566.481 1383.145 1968.719 1716.101 2798.706 3583.344 3971.778 5164.311 5624.772 7425.699 2481.586 28 819.223 30866.674 6714.604 8729.985 7750.225 12527.442 20188.966 32422868 2128.965 2640.916 3942.026 9802.923 12940.859 51869.427 325400.27 29 38.792 52.966 73.640 103.965 148631 214.583 312.094 456.303 40.568 55.085 79.058 113283 164494 241.333 355.787 530.312 790.948 1181.882 1767.081 49.994 73.652 111.435 172.317 271.024 431.663 693.573 1120713 1816.652 2948.341 4783645 669.447 984.058 1447.608 3127.798 4587.680 5873.231 43214.343 60501.081 37 35 40 60.402 95.025 154.762 259.057 442593 767.091 1342.025 2360.757 4163213 7343.858 12936.535 22728.803 39792982 69377.460 120392.883 207874.272 1750091.74 Payments (or receipis) at the end of each period