Present Value of an Annuity of $3 at Compound Interest 63 15% 20% 1 6.803 00 03 2 1413 1736 L 1626 1329 3 2.813 247 2.343 2.306 4 35 3179 . +212 3.791 3032 3 2.455 2.309 3353 2391 4311 3326 5582 4364 4.300 3305 6218 3335 5758 4.772 38 3360 630 5800 5819 Amount to be invest Determine the internal cate of an decimal places Present Value of an Annuity of $3 at Compound Interest 63 15% 20% 1 6.803 00 03 2 1413 1736 L 1626 1329 3 2.813 247 2.343 2.306 4 35 3179 . +212 3.791 3032 3 2.455 2.309 3353 2391 4311 3326 5582 4364 4.300 3305 6218 3335 5758 4.772 38 3360 630 5800 5819 Amount to be invest Determine the internal cate of an decimal places Net present value b. Based on the analysis prepared in part (a), is the rate of return (1) m more than 15% less than 15% equal to 15% decimal places. % rnal rate of return by computing a present value f eBook U-Ainprogress-false Net Present Value Method and Internal Rate of Return Method Wisconsin Healthcare Corp. is proposing to spend $154,008 on a project that has estimated net cash flows of $31,000 for each of the next eight years Present Value of an Annulty of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1,528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.589 5 4.212 3.791 3.605 3.353 2.991 6 4.917 4.355 4.111 3.785 3.326 7 5.582 4.868 4.564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 4.031 10 7.360 6.145 5.650 5.019 4.192 a. Compute the net present value, using a rate of return of 15%. Use the table of present values of an annuity of $1 presented above. If required, use the minus sign to indicate a negative net present value, Present value of annual net cash flows 4.917 4.355 4.111 3.785 3.326 7 5.582 4.868 4.564 4.160 3.605 " 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 10 7.360 6.145 5.650 5.019 4.031 4.192 a. Compute the net present value, using a rate of retum of 15%. Use the table of present values of an annuity of $1 presented above. If required, use the minus sign to indicate a negative net present value. Presant value of annual net cash flows Amount to be invested Net present value b. Based on the analysis prepared in part (a), is the rate of return (1) more than 15%, (2) 15%, or (3) less than 15% Determine the internal rate of return by computing a present value factor for an annuity of $1 and using the table of the present value of an annuity of $1 presented above. In your calculation, round the net present value factor to three decimal places. Check My Work more Check My Work uses ning Next b. Based on the analysis prepared in part (a), is the rate o more than 15% rnal rate of return by computing a p less than 15% your calculation, round the net pr equal to 15%