QS 24-14 (Algo) Net present value of an annuity LO P3 Pena Company is considering an investment of $29,480 that provides net cash flows of $9,100 annually for four years. (a) If Pena Company requires a 8% return on its investments, what is the net present value of this investment? (PV of $1, EV of $1, PVA of \$1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) (b) Based on net present value, should Pena Company make this investment? Complete this question by entering your answers in the tabs below. What is the net present value of this investment? QS 24-14 (Algo) Net present value of an annuity LO P3 Pena Company is considering an investment of $29,480 that provides net cash flows of $9,100 annually for four years. (a) If Pena Company requires a 8% return on its investments, what is the net present value of this investment? PV of \$1, EV of $1. PVA of \$1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) (b) Based on net present value, should Pena Company make this investment? Complete this question by entering your answers in the tabs below. Based on net present value, should Pena Company make this investment? Basod on net present value, should Pena Compary make this investment