Save Homework (required) Score: 0.2 of 1 pt 10 of 109 completo) HW Score: 65.29%, 6.53 of 10 pts P12-57A (similar to) Question Help Tidal Wave is considering purchasing a water park in Miami, Florida, for $2.100.000. The new facility will generate annual net cash inflows of $530,000 for eight years, Engineers estimate that the facility will remain used for eight years and have no residual value. The company es right line depreciation is owners want payback in less than fve years and an ARR of 10% or more Management uses a 12% hurdle rate on investments of this nature (Click the icon to view the present value annuity table) Click the icon to view the present value title) Click the icon to view the future value annulyte) (Click the view the future valuable Read the requirements Requirement 1. Compute the payback period, the ARR, the NPV and the approximate of this rivestment (Myou use the table to compute the IRR answer with the closest interest rate shown in the tables) Roundne payback period to one decimal place) The payback period is 40 years (Round the percentage to the newest the percent The ARR (accounting role of return) Enter any number in the editfelds and then click Check Answer parts remaining Clear All Check Answer P Pearson Copyright 2020 Pearson Education Inc. All rights reserved. Terms Quest Reference hasi ghty gler years. Engineers s and an ARR of 1 he po he ful Periods 2% 1 2 3 4 5 20% 0.833 1.528 2.106 2.589 2.991 payt the PA r with the closest in Present Value of Annuity of 51 1% 3% 4% 5% 6% 10% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1.736 2.941 2.884 2.829 2.775 2.723 2.673 2.577 2487 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 4.853 4.713 4.580 4.452 4.329 4212 3.993 3.791 5.795 5.601 5.417 5.242 5.076 4.917 4.623 4.355 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 8.566 8.162 7.786 7435 7.108 6.802 6.247 5.759 9.471 8.983 8.530 8.111 7.722 7.360 6.710 6.145 10.368 9.787 9.253 8.760 8.306 7.887 7.139 6.495 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 12.134 11,348 10.635 9.988 9.394 8.853 7.904 7.103 13.004 12.106 11.296 10.563 9.899 9.295 8.244 7.367 13.865 12.849 11.938 11.118 10.380 9.712 8.559 7.606 ARA an A 6 7 8 9 10 12% 0.893 1.690 2402 3.037 3.605 4.111 4.564 4.968 5.328 5.650 5.938 6.194 6.424 6.628 6.811 year 14% 16% 0.877 0.862 1.647 1.605 2.322 2.246 2.914 2.798 3.433 3.274 3.889 3.685 4.288 4.039 4.639 4.344 4.946 4.607 5.216 4.833 5.453 5.029 5.660 5.197 5.842 5.342 6.002 5.468 6.142 5.575 FA 18% 0.847 1.566 2.174 2.690 3.127 3.498 3.812 4.078 4.303 4.494 4.656 4.793 4.910 5,008 5.092 3.326 3.605 3.837 4.031 4.192 near retur 11 12 13 14 15 4.327 4439 4.533 4.611 4.675 t field AAA Print Done Check Answer Qu A (similar to Reference years. Enginee s and an ARR msidering purchas useful for eighty es a 12% hurdlera icon to view the po icon to view the full 2 3 4 5 1.647 2322 2.914 3.433 1.605 2246 2.798 3.274 1.528 2.106 2.589 2.991 ments. 6 7 8 9 10 1.690 2.402 3.037 3.605 4.111 4.564 4.968 5.328 5.650 5.938 6.194 6.424 6.628 6.811 1.566 2.174 2.690 3.127 3.498 3.812 4.078 4.303 4.494 3.889 4.288 4.639 4.946 5.216 3.685 4039 4.344 4.607 4.833 with the closes 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1.736 2.941 2.884 2.829 2.775 2.723 2.673 2577 2487 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 4.853 4.713 4.580 4.452 4.329 4.212 3.993 3.791 5.795 5.601 5.417 5.242 5.076 4.917 4.623 4.355 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 7.652 7325 7.020 6.733 6.463 6.210 5.747 5.335 8.566 8.162 7.786 7.435 7.108 6.802 6247 5.759 9.471 8.983 8.530 8.111 7.722 7360 6.710 6.145 10.368 9.787 9.253 8.760 8.306 7.887 7.139 6.495 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 12.13411.348 10.6359.986 9.394 8.853 7.904 7.103 13.004 12.106 11 296 10.563 9.899 9.295 8 244 7.367 13.865 12.849 11.938 11.118 10.380 9.712 8.559 7.606 18.046 16.351 14.877 13.590 1246211.470 9.818 8.514 22.023 19.523 17.41315.622 14.09412.783 10.675 9.077 25.80822.398 19.600 17.292 15.372 13.765 11.2589.427 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.779 Compute the pay les.) (Round the pe 3.326 3.605 3.837 4.031 4.192 4.327 4.439 4.533 4.611 4.675 eriod is 4.0 year 11 12 13 14 15 5.453 5.560 5.842 6.002 6.142 6.623 6.873 7.003 7.105 5.029 5.197 5.342 5.468 5.575 centage to the near 4.656 4.793 4.910 5.008 5.092 5.353 5.467 5.517 5.548 unting rate of return 20 25 30 40 7.469 7.843 8.055 8.244 5.929 6.097 6.177 6233 4.870 4.948 4.979 4.997 Der in the edit field Print Done Check Ans Pn HE Reference am stimat or 10% Periods 1 2 3 4 5 6 1% 1.000 2010 3.030 4.060 5.101 4% 1.000 2040 3.122 4246 5.416 3% 1.000 2030 3.091 4.184 5.809 6.468 7.662 8.892 10.150 11.464 ant het 16% 1.000 2.160 3.506 5.066 6.877 2% 1.000 2020 3.060 4.122 5204 6.308 7.434 8.583 9.755 10.950 12.109 13.412 14.680 15.974 17250 12% 1.000 2.120 3.374 4779 6.353 8.115 10,089 12.300 14.776 orest ra Future Value of Annuity of 1 5% 6% 8% 1.000 1.000 1.000 1.000 2050 2.060 2080 2.100 3.153 3.184 3.246 3.310 4310 4375 4.506 4.641 5.528 5.637 5.867 6.105 6.802 6975 7.336 7.716 8.142 8.394 8.923 9.487 9.549 9.897 10.637 11436 11.027 11.491 12488 13.579 12.578 13.181 14 487 15.937 14207 14.972 16,645 18.631 15 917 16.870 18977 21 384 17.713 18.882 21496 24.523 19.599 21.015 24 215 27.975 21.579 23.276 27.152 31.772 . ck 6.152 7.214 8286 9.369 10462 11567 12683 13.809 14.947 16.097 8 9 10 14% 1.000 2140 3.440 4921 6.610 8.536 10730 13233 16.085 19337 23.045 27 271 32 089 37581 43.842 pod 18% 1.000 2180 3.572 5215 7.154 9.442 12.142 15.327 19.086 23.521 28.756 34.931 42.219 50.818 60.965 7898 9214 10583 12.000 13.48 15 026 16627 18292 20 024 20% 1.000 2200 3.640 5.368 7.442 9.930 12 916 16.499 20.799 25959 32.150 39.581 48.497 59.196 72.035 17 549 8.977 11.414 14.240 17.519 21.321 25.733 30 850 36.786 43 672 51 660 11 12 13 14 15 (ace 20655 12 808 14.192 15618 17.686 24.133 28.029 32.390 37280 18.599 NA num Print Done ning 0 Reference I Wave is ity will rem agementu (Click to tima bo or 2 3 2.030 3.091 2060 2040 3.122 4246 2160 2100 3.310 3.184 2050 3.153 4310 5.526 (Click | 4.184 5 5416 4641 6.105 ad the regu 6.802 8977 6 7 8 9 10 quirement own in the ti 2010 3.030 4,060 5.101 6.152 7214 8286 9369 10.462 11.567 12.680 13.809 14.947 16.097 22.019 28243 34785 49 886 erest 2020 3.060 4.122 5.204 6.308 7.434 8563 9.755 10.950 12.169 13.412 14.680 15 974 17.293 24 297 32.630 40 558 60 402 5,309 6.468 7.662 8.892 10.159 11464 12.808 14.192 15.618 17.086 18.599 26.670 36.450 47575 75.401 8.142 9.549 11.027 12.578 14207 15.917 17.713 6.633 7.898 9214 10583 12006 13.486 15.026 16.627 18 292 20024 29 778 41 646 56 085 95 026 2080 3.246 4.506 5.867 7.336 8.923 10.637 12.488 14.487 16 645 18.977 21.495 24 215 27.152 45.782 73.106 113.283 259.057 11 12 13 14 15 e payback 2.120 3.374 4.779 6.353 8.115 10.089 12.300 14.776 17.540 20.655 24.133 28 029 32 393 37 280 4.375 5.637 6.975 8.394 9.897 11.491 13.181 14.972 16.870 18.862 21015 23.276 36.786 54.865 79.05 154.762 7.716 9.487 11436 13.579 15.937 18.531 21.384 24523 27.975 31.772 57 275 98.347 154 494 442 593 2.140 2180 2.200 3.440 3.506 3.572 3.640 4.921 5066 5215 5.368 6610 6.877 7.154 7442 8.536 9.442 9.930 10.730 11414 12.142 12.916 13.233 14.240 15 327 16.499 16.085 17.519 19.086 20.799 19.337 21.321 23.521 25.959 23.045 25.733 28.755 32.150 27 271 30.850 34 931 39 581 32 09 36.78 42.219 48497 37581 43.672 50 818 59.196 43.842 51.660 60.966 72.035 91025 115.380 146.628 186688 181871 249.214 342603 471981 356.787 530 312 790.948 1181.882 1,342.025 2.380.757 4,163.2137.343.858 Dund the pe 19599 he ARR (ace 21.579 33.06 41.727 66 439 120.800 20 25 30 40 72.052 133 334 241 333 767091 ter any num Print Done parts remaining Question Help Reference 57A (similar to s considering purchas emain useful for eighty it uses a 12% hurdle ra the icon to view the pa k the icon to view the full years. Engineers estimate the and an ARR of 10% or more Periods 1 2 3 4 5 0.980 0.007 equirements ent 1. Compute the pay the tables.) (Round the p Ir with the closest interest rate 0.837 1% 2% 0.990 0.980 0.961 0.971 0.942 0.961 0.924 0.951 0.905 0.942 0.88 0.933 0.871 0.8230.853 0.914 0.837 0.905 0.820 0.898 0.804 0.887 0.788 0.879 0.773 0.870 0.758 0861 0.743 Present Value of $1 3% 4% 5% 6% 10% 12% 0.971 0.962 0.952 0.943 0.926 0.009 0.893 0.943 0.925 08900857 0.826 0.797 0.915 0.8890.864 0.840 0.794 0.751 0.712 0.888 0.855 0.823 0.792 0.736 0.583 0.635 0.163 0.822 0.784 0.747 0.681 0.621 0.567 0.790 0.746 0.705 0.630 0.564 0.507 0.813 0.750 0.711 0.665 0.583 0.513 0.452 0.780 0.731 0.677 0.527 0.540 0.467 0404 0.766 0.703 0.545 0.5920.500 0424 0.361 0.744 0.676 0.614 0.5680.463 0.3860322 0.722 0.650 0.585 0.527 0.429 0.350 0.287 0.701 0.626 0.557 0.497 0.397 0.319 0.257 0581 0.601 0.530 0.469 0.368 0.290 0229 0.661 0.577 0.505 0.442 0.340 0.263 0.205 0.542 0.481 0.417 0.315 0239 0.183 6 7 8 9 10 14% 16% 18% 20% 0.877 0.862 0.847 0.833 0.769 0743 0.718 0694 0.675 0.641 0.609 0.579 0.592 0.552 0.516 0.482 0.519 0.476 0.437 0.402 0456 0.410 0.370 0.335 0.400 0.3540.314 0.279 0.351 0.305 0.206 0.233 0.308 0.263 0.194 0.270 0.227 0.191 0.162 0.237 0.195 0.162 0.135 0.208 0.168 0.137 0.112 0.182 0.145 0.116 0.093 0.160 0.125 0.099 0.078 0.140 0.108 0054 0.055 ack period 40 yea o percentage to the near (accounting rate of retum 11 12 13 14 15 0.555 AU AAN AM number in the edit field Print Done ining Check Answer 57A (similar to Question Reference years. Engineers osti s and an ARR of 10% considering purchas main useful for eighty uses a 12% hurdle ra the icon to view the pl the icon to view the full 2 3 4 5 0.943 0.915 0.888 0.863 0.925 0.889 0.855 0.822 0.826 0.797 0.751 0.712 0.683 0.636 0.621 0.567 0.769 0.675 0.592 0.519 0.743 0.641 0.552 0.476 0.718 0.609 0.516 0.437 0.694 0.579 0.482 0.402 6 quirements. 0.790 0.760 0.731 0.703 0.676 7 8 9 10 at 1. Compute the pay! tables.) (Round the pe 0.980 01951 0.971 0.942 0.961 0.924 0.951 0.908 0.942 0.888 0.933 0.871 0.923 0.853 0.914 0.837 0.905 0.820 0.896 0.804 0.887 0.788 0.879 0.773 0870 0.758 0.861 0.743 0.820 0.673 0.780 0.610 0.742 0.552 0,672 0.453 0.907 0.864 0.823 0.784 0.746 0.711 0.577 0.545 0.614 0.585 0.557 0.530 0.505 0.481 0.890 0.840 0.792 0.747 0.705 0.665 0.627 0.592 0558 0.527 0.497 0.469 0.442 0.417 0.837 0.813 0.789 0.766 0.744 0.722 0.701 0.681 0.661 0.642 0.194 0.857 0.794 0.735 0.681 0.630 0.583 0.540 0.500 0463 0.429 0.397 0.368 0.340 0.315 with the closest intere 0.564 0.513 0.467 0.424 0.386 0.350 0.319 0.290 0.263 0239 k period is 4.0 yea 11 12 13 14 15 0.650 0.625 0.601 0.577 0.556 0.507 0.456 0.410 0452 0.400 0.354 0.404 0.351 0.305 0.361 0.308 0.263 0.322 0.270 0.227 0.287 0.237 0.195 0.257 0.208 0.168 0.229 0.182 0.145 0.206 0.160 0.125 0.183 0.140 0.108 0.104 0.073 0.051 0.059 0.038 0.024 0.033 0.020 0.012 0.011 0.005 0.003 0.370 0.335 0.314 0.279 0.266 0.233 0.225 0.191 0.162 0.162 0.135 0.137 0.112 0.116 0.093 0.099 0.078 0.084 0.065 0.037 0.026 0.016 0.010 0.007 0.004 0.001 0.001 percentage to the near accounting rate of retur 20 25 30 40 0.554 0.478 0412 0.307 0.456 0.375 0.308 0.208 0.377 0.295 0.231 0.142 0.312 0.233 0.174 0.097 0.215 0.146 0.099 0.048 0.149 0.092 0.057 0.022 umber in the edit field Print Done ng Check Answer Pearson Pn Help Reference - Ive is timate or me mentu Click the Click the 10% Periods 1 2 3 4 5 5% 1.050 1.103 ergu Future Value of $1 6% 8% 1.060 1.080 1.124 1.166 1.260 1.262 1.360 1.338 1.469 1.158 1.191 16% 1.160 1.346 1.561 1.811 2.100 ment the te 3% 1.030 1.061 1.093 1.126 1.159 1.194 1.230 1.267 1.305 1.344 Jerest rat 1.587 1% 1.010 1.020 1.030 1041 1.051 1.062 1.072 1,083 1,094 1.105 1.116 1.127 1.1 1.149 1.161 2436 2% 1.020 1.040 1.061 1.082 1.104 1.126 1.149 1.172 1.195 1.219 1243 1268 1.294 1.319 1346 6 7 8 9 10 4% 1,040 1,082 1.125 1.170 1217 1.265 1.316 1.369 1.423 1.480 1.539 1.601 1.665 1.732 1.801 1.714 back 12% 1.120 1 254 1.405 1.574 1.762 1974 2.211 2476 2773 3.106 3479 3.896 1216 1276 1.340 1407 1.477 1551 1.629 1.710 1.796 1886 1980 2079 1.100 1210 1.331 1464 1.611 1.772 1.949 2.144 2.358 2.594 2853 3.138 3.452 3.797 4.177 1419 1.504 1.594 1.689 1.791 1.898 2012 2.133 2261 2.397 2.826 3.278 3.803 4411 14% 1.140 1.300 1.482 1.689 1.925 2.196 2.502 2853 3.252 3.707 4.226 4.818 5.492 6.261 7.138 18% 1.180 1 392 1.643 1.939 2288 2.700 3.185 3.759 4435 5.234 6.176 7288 8599 10.147 11.974 the per 20% 1.200 1.440 1.728 2074 2.488 2.986 3.583 4.300 5.160 6.192 7.430 8.916 10.699 12.839 15.407 1.851 1.999 2.159 2332 2518 2720 2.937 3.172 LA -R (acol 11 12 13 14 15 1.384 1426 1469 1.513 1.558 4.363 5.117 5.936 6.886 7.988 9.266 4887 5.474 AN ny num Print Done s aining P12-5 on Help Reference - dal Wave is acility will rem Management Click to stimate that the For more 1061 2 3 4 5 1040 1061 1082 1.099 1.103 1.158 1.256 1210 1.331 1.166 1.260 1360 1.469 1.346 1.561 (Click 1104 1276 2.100 Lead the regul 6 7 1020 1.030 1.041 1.051 1062 1072 1083 1094 1.105 1.116 1.127 1.138 1.149 1.611 1.772 1.949 2.144 2354 2594 1.440 1.728 2.074 2488 2.986 3.583 4.300 5.160 6.192 2.436 2.826 3278 3.803 4.411 equirement hown in the to Jerest rate 8 9 10 11 12 13 14 15 20 25 1126 1.149 1.172 1.195 1219 1243 1268 1294 1319 1346 1.062 1.125 1.170 1217 1265 1396 1.369 1.423 1.480 1.539 1601 1665 1.732 1801 2. 191 2.666 3.243 4801 1.126 1.159 1.194 1.230 1.267 1.305 1 344 1384 1426 1469 1.513 1.558 1806 2094 2427 3262 1254 1.405 1574 1.762 1.974 2211 2476 2.773 3.106 3.479 3.896 4.363 4.87 5.474 9.646 17.000 1.191 1.262 1.358 1.419 1.504 1.514 1689 1791 1899 2012 2.183 2267 2.397 3.207 4292 5.743 10.286 1.340 1407 1.477 1.551 1.629 1710 1.796 1886 1.980 2079 2653 3.36 4322 7.040 The payback 1587 1714 1.851 1.999 2159 2332 2518 2.720 2.937 3172 4661 8841 10063 21.725 1.300 1.482 1.689 1.925 2196 2502 2853 3.252 3.707 4226 4818 5.492 5.261 7.138 13.743 25.462 50.950 188 884 1.392 1.643 1.999 2.288 2700 3.185 3.759 4.435 5.234 6.170 7.268 8.599 10.147 11 974 27.399 52.660 143 371 750 378 Round the per 1161 2853 3.134 3.452 3.797 4. 177 6.727 10835 17.449 45.259 5.117 5.935 6.886 7.988 9.266 19.461 40.874 15850 378.721 7.430 8.996 10.699 12.839 15.407 38 338 15.396 237 378 1.469.772 The ARR (ace 1220 1282 1348 1.489 1.486 1.641 1.811 2208 93051 ter any num Print Done parts remaining