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Required information [The following information applies to the questions displayed below.] Vancouver Shakespearean Theater's board of directors is considering the replacement of the theater's lighting
Required information [The following information applies to the questions displayed below.] Vancouver Shakespearean Theater's board of directors is considering the replacement of the theater's lighting system. The old system requires two people to operate it, but the new system would require only a single operator. The new lighting system will cost $43,200 and save the theater $9,000 annually for the next eight years. Use Appendix A for your reference. Note: Use appropriate factor(s) from the tables provided. Required: 1-a. Prepare a table showing the proposed lighting system's net present value for each of the following discount rates: 8 percent, 10 percent, 12 percent, 14 percent, and 16 percent. 1-b. Based on your findings in requirement 1-a., Which statement is true? Complete this question by entering your answers in the tabs below. Prepare a table showing the proposed lighting system's net present value for each of the following discount rates: 8 perc 10 percent, 12 percent, 14 percent, and 16 percent. Note: Round "Annuity Discount Factor" to 3 decimal places. Negative amounts of "Net Present Value" should be indicate minus sign. Round your final answers to the nearest whole dollar
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