Problem 7-14 An investment costs $62,088 and offers a return of 12 percent annually for twelve years. What are the annual cash inflows anticipated from this investment? Use Appendix D to answer the question. Round your answer to the nearest dollar. Interest Factors for the Present Value of an Annuity of One Dollar Perind leg all 1 2 3 4 5 1% 3% 5% 6% BY 9% 10% 12% 14 16% 18% 20% 24% 28% 32% 36% 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.862 0.847 0.833 0.806 0.781 0.758 0.735 1970 1942 1913 1.886 1.859 1833 1808 1.783 1.759 1736 1.690 1.647 1.605 1.566 1.528 1.457 1392 1332 1.276 2.941 2884 2.829 2.775 2.723 2.673 2.624 2.577 2531 2.487 2.402 2322 2.246 2.174 2.106 1.981 1.868 1.766 1.674 3.902 3.808 3.717 3630 3.546 3.465 3.387 3.312 3.240 3.170 3.037 2.910 2.798 2.690 2.589 2.404 2.241 2.096 1966 4,853 4.713 4.580 4452 4329 4.212 4.100 3993 3.890 3.791 3.605 3.433 3.274 3.127 2991 2.745 2.532 2.345 2.181 5.795 5.601 5.417 5.242 5.076 4.917 4.766 4623 4.486 4.355 4.111 3.889 3.685 3.498 3.326 3.020 2.759 2.534 2399 6.728 6,472 6.230 6.002 5.786 5,582 5.389 5.206 5.033 4868 4564 4.288 4.039 3.812 3.605 3.242 2.937 2678 2455 7.652 7325 7020 6.733 6.463 6.210 5.971 5.747 5535 5.335 4.968 4,639 4 344 4.078 3.837 3.421 3.076 2.786 2540 8.566 8.162 7.786 7435 7.108 6.802 6 515 6.247 5985 5.759 5.328 4946 4.607 4303 4.031 3.566 3.184 2.868 2603 9.471 8.983 8.530 8.111 7.722 7.360 7024 6.710 6.418 6.145 5.6505.216 4.833 4.494 4.193 3.682 3.269 2.930 2650 6 7 8 9 10 11 12 13 14 15 10.368 9.787 9.253 8.760 8.306 7.887 7.499 2.139 6.805 6.495 5988 5.453 5.029 4.656 4327 3.776 3.335 2.978 2.683 11.255 10.575 9.954 9.385 8.863 8 384 7943 7.536 7.161 6.814 6.194 5.660 5.197 4.793 4.439 3.851 3.387 3.013 2708 12.134 11.348 10.635 9.986 9.394 8.534 8.358 7904 7487 7.103 6.424 5.842 5.342 4910 4533 3.912 3.427 3.040 2.727 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.628 6.002 5468 5.008 4.611 3962 3.459 3.061 2.740 13.865 12.849 11938 11.118 10 380 9712 9.108 8.559 8.060 7606 6,811 6142 5.575 5.092 4.675 4.001 3.483 3.076 2.750 16 14718 13.578 12.561 11652 10.838 10.106 9.447 8.851 8 312 7824 6.974 6.265 5.669 5.162 4.730 4,003 3.503 3.088 2.758 17 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8544 8.002 7.120 6.373 5.749 5.222 4.775 4.059 3.518 3,097 2.763 18 16.398 14992 13.754 12.659 11.690 10828 10.059 9.372 8.756 8 201 7.250 6.467 5.818 5.273 48124.080 3.529 3.104 2.767 19 17.226 15,678 14.324 13.134 2.085 11.158 10,336 9.604 8950 8.365 366 6.550 5877 5:316 4.844 4.097 3539 3.109 2.770 20 18.046 16 351 14.877 13.590 12.462 11.470 10.594 9.818 9.128 8.514 2469 6.623 5.929 5.353 4.870 4.110 35463.113 2772 25 22.023 19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.823 9.077 7.843 6.873 6.097 5.467 4.948 4.147 3.564 3.122 2.776 30 25.808 22937 19.600 17.292 15 373 13.765 12.409 11.258 10.274 9.427 8.055 7003 6.177 5.517 4979 4.160 3.569 3.124 2778
