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please answer all the requirements. use the last picture to format answers please only answer if you know Water World is considering purchasing a water

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Water World is considering purchasing a water park in Miami, Florida, for $1,950,000. The new facility will generate annual net cash inflows of $490,000 for eight years. Engineers estimate that the facility will remain useful for eight 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 this nature Click the icon to view the present value annuity table.) (Click the icon to view the present value table) Click the icon to view the future value annuity table.) Click the icon to view the future value table.) Read the requirements Requirement 1. Compute the payback period, the ARR, the NPV, and the approximate IRR of this investment. (If you use the tables to compute the IRR answer with the closest interest rate shown in the tables) (Round the payback period to one decimal place.) The payback period is years, Requirements 1. Compute the payback period, the ARR the NPV, and the approximate IRR of this investment (if 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 E - X Reference 1 Present Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 2 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1.736 1.690 1.647 1.605 1.566 1.528 3 2.941 2.884 2.829 2.775 2.723 2.673 2.577 2.487 2.402 2.322 2.246 2.174 2.106 4 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 2.798 2.690 2.589 5 4.853 4.713 4.580 4.452 4.329 4.212 3.993 3.791 3.605 3.433 3.274 3.127 2.991 6 5.795 5.601 5.417 5.242 5.076 4.917 4.623 4.355 4.111 3.889 3.685 3.498 3.326 7 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 4.564 4.288 4.039 3.812 3.605 8 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 4.968 4.639 4.344 4.078 3.837 9 8.566 8.162 7.786 7.435 7.108 6.802 6.247 5.759 5.328 4.946 4.607 4.303 4.031 10 9.471 8.983 8.530 8.111 7.722 7.360 6.710 6.145 5.650 5.216 4.833 4.494 4.192 11 10.368 9.787 9.253 8.760 8.306 7.887 7.139 6.495 5.938 5.453 5.029 4.656 4.327 12 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 6.194 5.660 5.197 4.793 4.439 13 12.134 11.348 10.635 9.986 9.394 8.853 7.904 7.103 6.424 5.842 5.342 4.910 4.533 14 13.004 12.106 11.296 10.563 9.899 9.295 8.244 7.367 6.628 6.002 5.468 5.008 4.611 15 13.865 12.849 11.938 11.118 10.380 9.712 8.559 7.606 6.811 6.142 5.575 5.092 4.675 20 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 7.469 6.623 5.929 5.353 4.870 25 22.023 19.523 17.413 15.622 14.094 12.783 10.675 9.077 7.843 6.873 6.097 5.467 4.948 30 25.808 22.396 19.600 17.292 15.372 13.765 11.258 9.427 8.055 7.003 6.177 5.517 4.979 40 32.835 27 355 23.115 19.793 17 159 15.046 11.925 9.779 8.244 7.105 6.233 5.548 4.997 Print Done i Reference - X 2% 1 Present Value of $1 Periods 1% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 2 0.980 0.961 0.943 0.925 0.907 0.890 0.857 0.826 0.797 0.769 0.743 0.718 0.694 3 0.971 0.942 0.915 0.889 0.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 4 0.961 0.924 0.888 0.855 0.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 5 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 6 0.942 0.888 0.837 0.790 0.746 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 7 0.933 0.871 0.813 0.760 0.711 0.665 0.583 0.513 0.452 0.400 0.354 0.314 0.279 8 0.923 0.853 0.789 0.731 0.677 0.627 0.540 0.467 0.404 0.351 0.305 0.266 0.233 9 0.914 0.837 0.766 0.703 0.645 0.592 0.500 0.424 0.361 0.308 0.263 0.225 0.194 10 0.905 0.820 0.744 0.676 0.614 0.558 0.463 0.386 0.322 0.270 0.227 0.191 0.162 11 0.896 0.804 0.722 0.650 0.585 0.527 0.429 0.350 0.287 0.237 0.195 0.162 0.135 12 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 13 0.879 0.773 0.681 0.601 0.530 0.469 0.368 0.290 0.229 0.182 0.145 0.116 0.093 14 0.870 0.758 0.661 0.577 0.505 0.442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 15 0.861 0.743 0.642 0.555 0.481 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 20 0.820 0.673 0.554 0.456 0.377 0.312 0.215 0.149 0.104 0.073 0.051 0.037 0.026 25 0.780 0.610 0.478 0.375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.016 0.010 30 0.742 0.552 0.412 0.308 0.231 0.174 0.099 0.057 0.033 0.020 0.012 0.007 0.004 40 0.672 0.453 0.307 0.208 0.142 0.097 0.046 0.022 0.011 0.005 0.003 0.001 0.001 Print Done fie Periods 1 1.000 2 3 4 5 6 7 8 9 10 1% 2% 3% 4% 1.000 1.000 1.000 1.000 2010 2.020 2.030 2.040 3.030 3.060 3.091 3.122 4,060 4.122 4.184 4.246 5.101 5.204 5.309 5.416 6.152 6.308 6.468 6.633 7.214 7.434 7.662 7.898 8.286 8.583 8.892 9.214 9.369 9.755 10.159 10.583 10.462 10.950 11.464 12.006 11.567 12.169 12.808 13.486 12.683 13.412 14.192 15.026 13.809 14.680 15.618 16.627 14.947 15.974 17.086 18.292 16.097 17.293 18.599 20.024 22 019 24 297 26.870 29.778 28.243 32.030 36 459 41.646 34.785 40.568 47.575 56085 48 886 60 402 75.401 95.026 Future Value of Annuity of $1 5% 6% 8% 10% 12% 14% 16% 18% 20% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.050 2060 2.080 2.100 2.120 2.140 2.160 2.180 2.200 3.153 3.184 3.246 3.310 3.374 3.440 3.506 3.572 3.640 4.310 4.375 4.506 4.641 4.779 4.921 5.066 5.215 5.368 5.526 5.637 5 867 6.105 6.353 6.610 6.877 7.154 7.442 6.802 6.975 7.336 7.716 8.115 8.536 8.977 9.442 9.930 8.142 8.394 8.923 9.487 10.089 10.730 11.414 12.142 12.916 9.549 9.897 10.637 11.436 12.300 13.233 14.240 15.327 16.499 11.027 11.491 12.488 13.579 14.776 16.085 17.519 19.086 20.799 12.578 13.181 14.487 15.937 17.549 19.337 21.321 23.521 25.959 14.207 14.972 16.645 18.531 20 655 23.045 25.733 28.755 32.150 15.917 16.870 18.977 21 384 24.133 27 271 30.850 34.931 39.581 17.713 18.882 21.495 24.523 28.029 32.089 36.786 19.599 42.219 48.497 21.015 24.215 27.975 32 393 37 581 43.672 50 818 21.579 23 276 59.196 27.152 31.772 37280 43.842 51.660 60.965 72.035 33 066 36.786 45.762 57 275 72052 47.727 91.025 54 865 73.106 115.380 146.628 186.688 98.347 66.439 133 334 181.871 79.058 249 214 342 603 471.981 113.283 164 494 241.333 356.787 530.312 790.948 1.181.882 120.800 154.762 259 057 442 593 767091 1342025 2,360.757 4,163 2137.343.858 11 12 13 14 15 20 25 30 40 Print Done Periods 1 2 3 4 5 6 7 8 9 10 1% 2% 3% 1.010 1.020 1.030 1.020 1.040 1061 1.030 1.061 1.093 1.041 1.082 1.126 1.051 1.104 1.159 1.062 1.126 1.194 1072 1.149 1.230 1.083 1.172 1.267 1.094 1.195 1.305 1.105 1.219 1.344 1.116 1.243 1.384 1.127 1.268 1.426 1.138 1 294 1.469 1.149 1.319 1.513 1.161 1 346 1.558 1 220 1.486 1.806 1282 1.841 2094 1.343 1.811 2.427 2 203 3 262 4% 1.040 1.082 1.125 1.170 1.217 1265 1.316 1.369 1.423 1.480 1.539 1.601 1.665 1.732 1.801 2.191 2 866 3.243 4301 Future Value of $1 5% 6% 8% 1.050 1.060 1.080 1.103 1.124 1.166 1.158 1.191 1.260 1.216 1.262 1.360 1 276 1.338 1.469 1.340 1.419 1.587 1.407 1.504 1.714 1.477 1.594 1.851 1.551 1.689 1.999 1 629 1.791 2.159 1.710 1.898 2.332 1.796 2012 2.518 1 886 2.133 2.720 1980 2.261 2.937 2 079 2397 3.172 2653 3207 4661 3386 4 292 6.848 4322 5.743 10 063 7040 10 280 21725 10% 1.100 1.210 1.331 1.464 1.611 1.772 1.949 2.144 2358 2594 2.853 3.138 3.452 3.797 4.177 6.727 10 835 17.449 45 259 12% 1.120 1.254 1.405 1.574 1.762 1.974 2211 2.476 2.773 3.106 3.479 3.896 4.363 4.887 5.474 9646 17.000 29.960 93051 14% 1.140 1.300 1.482 1.689 1.925 2.195 2502 2.853 3.252 3.707 4.226 4.818 5.492 6.261 7.138 13.743 26.462 50.950 1BR RR4 16% 1.160 1.346 1.561 1.811 2.100 2.436 2.826 3.278 3.803 4.411 5.117 5.936 6.886 7.988 9256 19.461 40 874 85 850 11 12 13 14 15 20 25 30 40 18% 20% 1.180 1.200 1.392 1.440 1.643 1.728 1.939 2.074 2.288 2.488 2.700 2.986 3.185 3.583 3.759 4.300 4.435 5.160 5.234 6.192 6.176 7.430 7.288 8.916 8.599 10.699 10.147 12.839 11 974 15.407 27 393 38 338 62.669 95 396 143.371 237 377 149 years The payback period is The payback period is years (Round the percentage to the nearest tenth percent) The ARR (accounting rate of return) is % (Round your answer to the nearest whole dollar) Net present values The IRR (internal rate of return) is between The IRR (internal rate of return) is between Requirement 2. Recommend whether the company should invest in this project Recommendation

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