Seema is looking at an investment to upgrade an inspection line at her plant. The initial cost would be $110,000 with a salvage value of $35,000 after six years. Use the capital recovery formula to determine how much money must be saved every year to justify the investment at an interest rate of 12 percent. Click the icon to view the table of compound interest factors for discrete compounding periods when i = 12%. The savings would need to be at least $ (Round to the nearest cent as needed.)Single Payment Uniform Series Series Arithmetic Compound Present Sinking Uniform Capital Present Gradient Amount Worth Fund Series Recovery Worth Series Factor Factor Factor Factor Factor Factor Factor (F/P,i,N) (P/F,i,N) (A/F,i,N) (F/A,i,N) (A/P,i,N (P/A,i,N) (A/G,i,N) 1.1200 0.89286 1.00000 1.0000 1.1200 0.89286 0.00000 1.2544 0.79719 0.47170 2.1200 0.59170 1.6901 0.47170 1.4049 0.71178 0.29635 3.3744 0.41635 2.4018 0.92461 1.5735 0.63552 0.20923 4.7793 0.32923 3.0373 1.3589 1.7623 0.56743 0. 15741 6.3528 0.27741 3.6048 1.7746 1.9738 0.50663 0. 12323 8.1152 0.24323 4.1114 2.1720 2.2107 0.45235 0.09912 10.089 0.21912 4.5638 2.5515 2.4760 0.40388 0.08130 12.300 0.20130 4.9676 2.9131 2.7731 0.36061 0.06768 14.776 0. 18768 5.3282 3.2574 10 3.1058 0.32197 0.05698 17.549 0. 17698 5.6502 3.5847 11 3.4785 0.28748 0.04842 20.655 0. 16842 5.9377 3.8953 12 3.8960 0.25668 0.04144 24.133 0. 16144 6.1944 4.1897 13 4.3635 0.22917 0.03568 28.029 0. 15568 6.4235 4.4683 14 4.8871 0.20462 0.03087 32.393 0. 15087 6.6282 4.7317 15 5.4736 0. 18270 0.02682 37.280 0. 14682 6.8109 4.9803 16 6.1304 0. 16312 0.02339 42.753 0. 14339 6.9740 5.2147 17 6.8660 0. 14564 0.02046 48.884 0. 14046 7.1196 5.4353 18 7.6900 0. 13004 0.01794 55.750 0. 13794 7.2497 5.6427 19 8.6128 0. 11611 0.01576 63.440 0.13576 7.3658 5.8375 20 9.6463 0. 10367 0.01388 72.052 0. 13388 7.4694 6.0202 21 10.804 0.09256 0.01224 81.699 0. 13224 7.5620 6.1913 22 12.100 0.08264 0.01081 92.503 0. 13081 7.6446 6.3514 23 13.552 0.07379 0.00956 104.60 0. 12956 7.7184 6.5010 24 15.179 0.06588 0.00846 118.16 0. 12846 7.7843 6.6406 25 17.000 0.05882 0.00750 133.33 0. 12750 7.8431 6.7708 26 19.040 0.05252 0.00665 150.33 0. 12665 7.8957 6.8921 27 21.325 0.04689 0.00590 169.37 0. 12590 7.9426 7.0049 28 23.884 0.04187 0.00524 190.70 0. 12524 7.9844 7.1098 29 26.750 0.03738 0.00466 214.58 0. 12466 8.0218 7.2071 30 29.960 0.03338 0.00414 241.33 0. 12414 8.0552 7.2974 31 33.555 0.02980 0.00369 271.29 0. 12369 8.0850 7.3811 37 37 687 0 02661 0 00328 304 85 0 12328 8 11 16 7 4686
