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QS 11-14 (Algo) Net present value of an annuity LO P3 Pena Compary is considering an imestrent of $29,470 that provides net cash fows of

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QS 11-14 (Algo) Net present value of an annuity LO P3 Pena Compary is considering an imestrent of $29,470 that provides net cash fows of $8,700 annialy for four years Q(S), and EVAolsi] Note: Use appropriate factor(0) trom the tables provided. Round your present value factor to 4 decimals. (b) Based on net present value, thould Pena Company make this investment? Complete this question by entering vour answers in the tabs below. What is the net present value of ths invesiment

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