son Music is considering investing $825.000 in private lesson studios that will have no residual value. The studios are expected to result in annual net cash inflows of $115,000 per year for the next ten years. Assuming that Jackson Music uses a 12% hurdle rate, what is the net present value (NPV) of the studio investment? Is this a favorable investment? Click the icon to view the present value of an annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value of an annuity table.) (Click the icon to view the future value table.) Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value. The net present value of the studio investment is 5 Since the NPV is the studio investment Jackson Music's minimum required rate of return. Therefore, the investment is 0 Reference Future Value of $1 Periods 1030 040 1.140 1.061 1.093 1.050 1.103 1.158 1082 1.125 1.300 1.254 1.482 1.166 1.260 1.360 1.469 1.124 1.191 1.262 1.338 1.126 1.180 1.392 1.543 1.939 2.288 1.170 1.346 1.561 1.811 2100 1.440 1728 2074 2458 1.689 1 216 1.276 1 217 1 010 1.020 1.030 1041 1.051 1.062 1.072 1.083 1.094 1.105 1.116 1.040 1.061 1062 1.104 1.126 1.149 1.172 1.195 1.219 1243 1268 1.159 1.194 1 230 1267 1.305 1.316 1.369 1.423 1.480 1 340 1407 1.477 1.551 1.620 1.925 2.193 2.502 2853 3.252 3.707 2436 2.826 3.278 2.700 3.185 3.759 4.435 5.234 1.100 1.210 1.331 1.454 1.611 1.772 1.549 2.144 2.358 2.594 2.853 3.138 3.452 3.797 4.177 6.727 10.835 17.449 45259 2.986 3.583 4300 5.160 6.192 303 1.419 1.504 1.594 1.689 1.791 1.898 2.012 2.133 2 261 2.397 1.539 5.117 5.936 1127 1.405 1.574 1.762 1.974 2211 2.476 2.773 3.106 3.479 3.896 4.363 4887 5.474 9.646 17.000 29.950 93.051 1 501 1.587 1.714 1851 1.999 2.159 2.332 2.518 2.720 2.937 3.172 4.661 6.848 10 063 21.725 1.384 1426 1469 1513 1558 1 806 2 094 2.427 3.262 1.138 1.149 1.161 1.710 1.796 1.896 1.980 2.079 2.653 3.386 4.322 7.040 1.565 1.732 1.801 1.319 1 346 4.226 4.818 5.492 6.261 7.138 6.176 7283 8.599 10.147 11.974 7.998 9.256 7.430 8.916 10.699 12.839 15.407 33.333 95 396 237376 1,469.772 1220 1.486 2 191 2.666 3.243 3.207 4292 1.541 13.743 26.462 50.950 188.884 1 348 5.743 19.461 40.874 35.850 378.721 27.393 62.669 143.371 750.378 2208 4301 10 286 Print Done Jackson Music is considering investing $825,000 in private lesson studios that will have no residual value. The studios are expected to result in annual net cash inflows of $115,000 pe for the next ten years. Assuming that Jackson Music uses a 12% hurdle rate, what is the net present value (NPV) of the studio investment? Is this a favorable investment? Click the icon to view the present value of an annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value of an annuity table.) (Click the icon to view the future value table.) (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) The net present value of the studio investment is $ Since the NPV is the studio investment Jackson Music's minimum required rate of return. Therefore, the investment is does not provide provides 0 Reference Future Value of Annuity of $1 4 1 20% 3% 1.000 2.030 3.091 1.000 2040 3.122 4.246 5.416 5% 1.000 2.050 3.153 4310 5.526 5.309 1.000 2.010 3.030 4.060 5.101 6.152 7.214 8 286 9.359 10.462 6% 1.000 2.050 3.184 4.375 5.637 6.975 8.394 9.897 11.491 13.181 25 1.000 2020 3.050 4.122 5.204 6.308 7.434 8 583 9.755 10.950 12.169 13.412 14 680 15.974 17 293 24 297 32.030 40.568 60.402 8% 1.000 2080 3.246 4506 5867 7.336 8.923 10.637 12.488 14487 1.000 2.200 3.640 5.368 7.442 9.930 12.916 16,499 6.468 7.662 8.892 10.159 11.464 6.633 7.898 9.214 10.583 12.006 6.802 8.142 9.549 11.027 12 578 20.799 10% 12% 14% 10% 18% 1.000 1.000 1.000 1.000 1.000 2.100 2.120 2.140 2.160 2.180 3310 3.374 3.440 3.506 3.572 4.641 4.779 4.921 5066 5.215 6.105 6.353 6.610 6.877 7.154 7.716 8.115 8.536 8.977 9.442 9.487 10.089 10.730 11.414 12.142 11.436 12.300 13.233 14.240 15.327 13.579 14.776 16.085 17519 19.086 15.937 17.549 19.337 21,321 23.521 18.531 20.655 23.045 25.733 28.755 21.384 24.133 27 271 30.850 34.931 24 523 28.029 32 089 36.786 42.219 27.975 32 393 37.581 43.672 50.818 31.772 37 280 43.842 51.660 60.965 57.275 72052 91.025 115,380 146.628 98.347 133.334 181.871 249.214 342.603 164.494 241.333356787 530.312790.943 442.593767.091 1,342.025 2,360.757 4,163.213 12.808 14.192 15,618 17.086 18.599 11.567 12.683 13.809 14 947 16.097 22.019 28 243 34.785 48.886 13.486 15.026 16.627 18.292 20.024 14207 15.917 17.713 19.599 21.579 25.959 32.150 39.581 48.497 14.972 16.870 18.882 21.015 23.276 59.196 16.645 18.977 21.495 24 215 27.152 45.762 73.106 113.283 259.057 29.778 26.870 36.459 47.575 75.401 41 646 56.085 95.026 33,066 47.727 66.439 120.800 36.786 54 865 79.058 154 762 72.035 186,683 471.981 1,181 882 343.858 Print Done Jackson Music is considering investing 5825,000 in private lesson studios that will have no residual value. The studios are expected to result in annual net cash inflows of $115.000 per year for the next ten years. Assuming that Jackson Music uses a 12% hurdle rate. what is the net present value (NPV) of the studio investment? Is this a favorable investment? Click the icon to view the present value of an annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value of an annuity table.) (Click the icon to view the future value table.) (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value) The net present value of the studio investment is 5 Since the NPV is the studio investment Jackson Music's minimum required rate of return. Therefore, the investment is favorable not favorable 0 Reference Present Value of $1 5% 0.952 0.990 0.980 0.971 0.951 354 0.971 0.962 0.943 0.925 0.915 0.889 0.888 0.863 0.822 0.907 0 864 0.823 0.784 18% 0.862 0.743 0.641 0.552 0.476 18% 0.847 0.718 0.609 0.516 0.437 20% 0.833 0694 0.579 0482 0.402 955 0951 0.542 0.746 0.370 0.933 0266 0.923 0.914 0.905 0.896 0.980 0961 0.942 0.924 0.906 0.888 0.871 0.853 0837 0.820 0.804 0.788 0.773 0.758 0.743 0.673 0.610 0552 0.453 0.837 0.813 0.789 0.766 0.744 0.722 0.701 0.681 8% 10% 12% 14% 0.943 0.926 0.9090 893 0.877 0.890 0.857 0.826 0.797 0.769 0.840 0.794 0.751 0.712 0.675 0.792 0.735 0.683 0.635 0.592 0.747 0.681 0.621 0.567 0.519 0.705 0.6300 564 0.507 0.456 0.665 0.583 0.513 0.452 0627 0.540 0.467 0.404 0.5920.500 0.424 0.361 0.558 0.463 0.386 0 270 0.527 0.429 0.350 0 287 0.237 0.319 0.257 0 208 0 368 0.290 0.229 0.182 0.442 0.263 0.205 0.160 0.239 0.183 0.140 0.149 0.104 0.073 0233 0.146 0.0920 059 0.033 0.174 0.099 0.057 0.033 0.020 0.097 0.046 0.022 0.0110.005 0.545 0.614 0.585 0.557 0322 397 0.530 0 505 340 0.225 0.191 0.162 0.137 0.116 0.099 0.084 0.037 0.016 0.007 0.001 0.194 0.162 0.135 0.112 0.093 0.078 0.065 0.026 0.010 0.004 0.001 0.227 0.195 0.168 0.145 0.125 0.108 0.051 0.024 0.012 0.003 0.542 0.481 315 0.312 0.295 0.672 0.142 Print Done Enter any number in the edit fields and then continue to the next question Jackson Music is considering investing 5825,000 in private lesson studios that will have no residual value. The studios are expected to result in annual net cash inflows of $115.000 per ye for the next ten years. Assuming that Jackson Music uses a 12% hurdle rate, what is the net present value (NPV) of the studio investment? Is this a favorable investment? (Click the icon to view the present value of an annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value of an annuity table.) (Click the icon to view the future value table.) (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) The net present value of the studio investment is 5 Since the NPV is the studio investment Jackson Music's minimum required rate of return. Therefore, the investment is negative positive Reference Present Value of Annuity of $1 Perioda 5% 0.952 1 859 2.723 UN 6% 0.043 1833 2.673 3.465 0.926 1.783 2.577 3.312 10% 0.909 1736 2487 3.170 3.791 2246 10% 15% 0.8620847 1 505 1.566 2.174 2.798 2.690 3.274 3.127 3.498 3.812 3.999 1% 2% 0.990 0,980 1970 1.942 2.941 2.884 3.9023 308 4.713 5.601 6.472 7.325 8.162 8.983 10.368 9.787 11.255 10.575 12.134 11 348 13.004 12.106 13.865 12.849 18.046 16 351 22.023 19.523 12% 14% 0893 A 877 1.690 1647 2402 2 322 3.037 2.914 3.605 3.433 4.111 3 889 4288 4.639 4946 4.623 3% 4% 0.971 0.962 1.9131886 2829 2775 3.717 3630 4.580 4452 5.417 5 242 6.230 6.002 7.020 6.733 7.786 7.435 8.530 8.111 9 253 8.760 9.954 9385 10.635 9.986 11.296 10.563 11.938 11.118 14.877 13.590 17.413 15.622 19.600 17.292 22.115 19.793 20% 0.833 1.528 2.106 2589 2.991 3326 3 605 3.837 4.031 4.192 4.327 4.439 4.538 4.611 4.675 4370 4948 979 $ 216 5453 5650 8.306 8.863 9.394 9899 10.380 9.712 12.462 11.470 14.094 12.783 15.372 13.765 17.159 15 045 588 7.904 3.244 8.559 9.818 10.675 11.258 11.925 7.103 7.367 6.628 7.606 6811 8.514 7.469 9.077 7 343 9427 8.055 9.7798 244 5.842 6.002 6.142 6.623 6.873 7.003 7.105 6.097 6.177 6233 5.467 5.517 5.548 32.835 27 355 4.997 Print Done Enter any nurh