Score: 0 of 4 pts 4 of 8 (0 complete) HW Score: 0%, of 30 pts E12-23A (similar to) Question Help Young Industries is evaluating whether to invest in solar panels to provide some of the electrical needs of its main office building in Charlotte, North Carolina. The solar panel project would cost $575,000 and would provide cost savings in its utility bills of $35,000 per year. It is anticipated that the solar panels would have a life of 20 years and would have no residual value Read the requirements (Click the icon to view the present value factor table.) (Click the icon to view the present value annuity factor table) (Click the icon to view the future value factor table) (Click the icon to view the future value annuity factor table) Requirement 1. Calculate the payback period in years of the solar panel project Requirements Determine the formula, then calculate the payback period. (Round your answer to two decimal places - Payback period 1. Calculate the payback period in years of the solar panel project 2. If the company uses a discount rate of 8%, what is the net present value of this project? 3. If the company has a rule that no projects will be undertaken that have a payback period of more than five years, would this investment be accepted? If not, what arguments could the energy manager make to try to obtain approval for the solar panel project? 4. What would you do if you were in charge of approving capital investment proposals Print Done Choose from any drop-down list and then click Check Answer 5 5 parts remaining Clear All Check Answer s a momce building in Charlotte cost savings in its utility bills of $35.000 per year. It is anticipated value (Click the icon to view the present value factor table Reference Present Value of $1 Periods OOOO OOOOOOOOO 125 0.711 SO 02190 0.760 0.731 0.703 0.676 0.650 0.625 0.601 0.577 0555 0.766 0.744 0.722 0.701 0.681 0.661 0.645 0.614 0.585 0.557 0.530 0.505 0.481 OOOOOOOOOOOOOOOOO POR ood 88DBS 0.469 0.442 0.417 0.312 0.238 0.174 0.097 780 0.552 0.412 Print Done Clear All 4 of 8 (0 complete) whether to invest in solar panels to provide some of the electrical needs of its main office building in Charlotte project would cost $575,000 and would provide cost savings in its utility bills of $35,000 per year. It is anticipated ve a life of 20 years and would have no residual value. (Click the icon to view the present value factor table.) Reference factor table.) ble) - X actor table.) payback period in years of the solar panel project Present Value of Annuity of $1 Periods 08 39 alculate the payback period. 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(Roung 104 NNN olei 1280 3.105 5.234 ON mino FRX89 18 1.172 1.195 1.219 1.243 1.268 1.294 1.319 1.346 1.710 1.796 1384 1426 1.469 1.513 1.127 1.138 1.149 1.161 1.601 1.565 1.732 1.801 2. 191 2.666 elewa 1.886 1980 2.079 OWN 3.479 3.896 4363 4387 5.474 OWN 4 226 4.818 5.492 6.261 7.138 7.430 3.916 10.699 12.899 15.407 88 11.974 2.653 6.721 1.220 1.282 1.348 3.386 4.292 1486 1.641 1.811 2.208 NN No BRS 9.646 13.743 17.000 26.462 29.960 50.950 93.051188.884 19.461 40.374 35.850 378.721 10.835 17.449 45.259 4.322 7.040 10.063 21.725 27.393 38.338 62.669 95.396 143.371 237.375 750.3781,469.772 5.743 10.286 Print Done heck Answer Clear All 4 of 8 (0 complete) (Click the icon to view the present value factor table.) et in solar panels to provide some of the electrical needs of its main office building in Charlotte cost $575.000 and would provide cost savings in its utility bills of $35,000 per year. It is anticipated ars and would have no residual value. Click the icon to view the present value annuity factor table 1 Reference in years of the s Future Value of Annuity of $1 ack period. (Ro Periods 12% 356 1.000 20% 1.000 1.000 8 89 1.000 2.080 1.000 2010 3.030 896 1.000 2.060 3.184 4 375 1.000 2.040 3.122 4246 10% 1.000 2.100 3.310 2.120 14% 1.000 2. 140 3.440 4921 6.610 16% 1.000 2.160 3.506 5.066 4.506 13% 1.000 2.180 3.572 5.215 7.154 9.374 779 4641 5% 1.000 2.050 3.153 4310 5.526 6.802 8.142 9.549 11.027 12.578 2.200 3.640 5.368 7442 6.353 6.877 2.020 3.050 4.122 5 204 6.308 7434 8.583 9.755 10.950 4.060 5.101 6.152 7.214 8.286 9.369 10.462 100 8.115 & 000 loco 10,089 6.633 7.898 9.214 10.583 12.006 BD 000 12.142 15.327 19.086 10.159 11.464 14776 20.799 415 25.959 S88 Otsin SAN XOS BO 12.808 14.192 15.618 17.086 No to 350 21499 11.567 12.683 13.809 14 947 16.097 22.019 28.243 34.785 48.886 8888 12.169 13.412 14.680 15.974 17.299 24.297 32.030 40.568 60.402 13.486 15.026 16.627 18.292 20.024 29.778 41.646 56.085 95.026 18.599 14.207 15.917 17.713 19.599 21.579 33.066 47.727 66.439 120.800 28.755 34-931 42.219 50.818 60.965 14972 16.870 18.882 21.015 23.276 36.786 54.865 79.058 154.762 26.870 36.459 24.215 27.152 45.762 73.106 113.283 259.057 57.275 98.347 32.390 37.280 72.052 133.334 241.333 767.091 35.786 43.672 51.660 91.025 115380 181.871 249.214 356.787 530.312 1.342.0252 360.757 72.035 186.688 471.981 1,181.882 7 343.858 47.575 146.628 342.603 790.948 4,163 213 164.494 75.401 442.593 Print Done lick Check Answer Clear All 9