Question mit Toplants which employees have been hintale with captured ICTS, an in the serves that pass through the corporal, se me mungon seady because of this problem DeepSouth in wiing to lower the insurance premium to $10.000 a ye rom tw current $30.000 year for the new years amor en optie CTS preveri tregon the mange omployer of CTS and how to reduce the chances of developing. What would be the mountament should in the progant worth the first 12% pendant Click the conto the west factor de compounding 12% per year Asuming that premium are paid at the end of each year, the maximum want to vis Rond to the rid) re premumewe pad at the beginning of each year, the maximum amount to count to the worstar Proyees signs of CIS over the last five years. DeepSouth, the company e insurance premiums to $16,000 a year (from the current $30,000 a year) for the next five years if Fairmont im CALafitdavalanina What would be the.mavimim.Amount that Fairmont should invest in the program to make More Info Single Payment Compound Present Amount Worth Factor Factor (F/P, I, N) (P/F, I, N) 1.1200 0.8929 Compound Amount Factor (F/A, 1, N) 1.0000 Equal Payment Series Sinking Present Fund Worth Factor Factor (A/F, I, N) (P/A, I, N) 1.0000 0.8929 Capital Recovery Factor (A/P, I, N) N 1 1.1200 1.2544 0.7972 2.1200 0.4717 1.6901 0.5917 WN 1.4049 0.7118 3.3744 0.2963 2.4018 0.4163 4 1.5735 0.6355 4.7793 0.2092 3.0373 0.3292 5 1.7623 0.5674 6.3528 0.1574 3.6048 0.2774 6 1.9738 0.5066 8.1152 0.1232 4.1114 0.2432 7 2.2107 0.4523 10.0890 0.0991 4.5638 0.2191 8 2.4760 0.4039 12.2997 0.0813 4.9676 0.2013 9 2.7731 0.3606 14.7757 0.0677 5.3282 0.1877 10 3.1058 0.3220 17.5487 0.0570 5.6502 0.1770 Print Done Answer. Clear All Score: 5 of 10 pts 7 of 7 (7 complete HW Score: 88.89%, 40 of 45 pts Problem 3-72 (book/static) Question Help Fairmont Textile has a plant in which employees have been having trouble with carpal tunnel syndrome (CTS, an inflammation of the nerves that pass through the carpal tunnel a tight space at the base of the palm), resulting from long-term repetitive activities, such as years of sewing. It seems as if 15 of the employees working in this facility developed signs of CTS over the last five years. Deep South, the company's insurance firm, has been increasing Fairmont's liability insurance steadily because of this problem. DeepSouth is wiling to lower the insurance premiums to $16,000 a year from the current $30,000 a year) for the next five years if Fairmont Implements an acceptable CTS-prevention program that includes making the employees aware of CTS and how to reduce the chances of it developing. What would be the maximum amount that Fairmont should invest in the program to make it worthwhilo? The firm's interest rate is 12% compounded annually Click the loon to view the interest tactors for discrete compounding when /* 12% per year. Assuming that premium are paid at the end of each year, the maximum amount to invest is $ 60467 (Round to the nearest dollar) if the premiums are paid at the beginning of each year, the maximum amount to invest is $(Round to the nearest dollar)