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Practice Problem 5-19 (TEXTBOOK with a twist) Vidhi is investing in some rental property in Collegeville and is investigating her income from the investment. She

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Practice Problem 5-19 (TEXTBOOK with a twist) Vidhi is investing in some rental property in Collegeville and is investigating her income from the investment. She knows the rental revenue will increase each year, but so will the maintenance expenses. She has been able to generate the data that follows regarding this investment opportunity. Assume that all cash flows occur at the end of each year and that the purchase and sale of this property are not relevant to the study. If Vidhi's MARR = 6% per year, calculate the following: A) VIDEO ONE - Calculate the PW, FW, and the AW of Vidhi's project. B) VIDEO TWO - Calculate IRR, ERR, payback period, and discounted payback period of Vidhi's project. Year Revenue Year Expenses 1 $6,000 1 $17,500 2 6,200 2 6,800 3 6,300 3 3,500 4 6,400 3,700 5 6,500 5 3,900 6,600 6 6,100 7 6,700 7 4,300 6,800 8 4,500 9 6,900 9 4,700 10 7,000 10 4,900

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