TABLE $11\mathrm{.}4$A Present Value of Annuity of $$1$ TABLE $11\mathrm{.}3$ A Future Value of an Annuity of $$1$

$\backslash$table$[[$Periods$*,2\%,3\%,3\mathrm{.}75\%,4\%,4\mathrm{.}25\%,5\%,6\%,7\%,8\%],[1,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000],[2,2\mathrm{.}0200,20300,2\mathrm{.}0375,2\mathrm{.}0400,2\mathrm{.}0425,2\mathrm{.}0500,2\mathrm{.}0600,20700,2\mathrm{.}0800],[3,3\mathrm{.}0604,3\mathrm{.}0909,3\mathrm{.}1139,3\mathrm{.}1216,3\mathrm{.}1293,3\mathrm{.}1525,3\mathrm{.}1836,3\mathrm{.}2149,3\mathrm{.}2464],[4,4\mathrm{.}1216,4\mathrm{.}1836,4\mathrm{.}2307,4\mathrm{.}2465,4\mathrm{.}2623,4\mathrm{.}3101,4\mathrm{.}3746,4\mathrm{.}4399,4\mathrm{.}5061],[5,5\mathrm{.}2040,5\mathrm{.}3091,5\mathrm{.}3893,5\mathrm{.}4163,5\mathrm{.}4434,5\mathrm{.}5256,5\mathrm{.}6371,5\mathrm{.}7507,5\mathrm{.}8666],[6,6\mathrm{.}3061,6\mathrm{.}4684,6\mathrm{.}5914,6\mathrm{.}6330,6\mathrm{.}6748,6\mathrm{.}8019,6\mathrm{.}9753,7\mathrm{.}1533,7\mathrm{.}3359],[7,7\mathrm{.}4343,7\mathrm{.}6625,7\mathrm{.}8386,7\mathrm{.}8983,7\mathrm{.}9585,8\mathrm{.}1420,8\mathrm{.}3938,8\mathrm{.}6540,8\mathrm{.}9228],[8,8\mathrm{.}5830,8\mathrm{.}8923,9\mathrm{.}1326,9\mathrm{.}2142,9\mathrm{.}2967,9\mathrm{.}5491,9\mathrm{.}8975,10\mathrm{.}2598,10\mathrm{.}6366],[9,9\mathrm{.}7546,10\mathrm{.}1591,10\mathrm{.}4750,10\mathrm{.}5828,10\mathrm{.}6918,11\mathrm{.}0266,11\mathrm{.}4913,11\mathrm{.}9780,12\mathrm{.}4876],[10,10\mathrm{.}9497,11\mathrm{.}4639,11\mathrm{.}8678,12\mathrm{.}0061,12\mathrm{.}1462,12\mathrm{.}5779,13\mathrm{.}1808,13\mathrm{.}8164,14\mathrm{.}4866],[20,24\mathrm{.}2974,26\mathrm{.}8704,29\mathrm{.}0174,29\mathrm{.}7781,30\mathrm{.}5625,33\mathrm{.}0660,36\mathrm{.}7856,40\mathrm{.}9955,45\mathrm{.}7620],[$Periods$*,9\%,10\%,11\%,12\%,13\%,14\%,15\%,20\%,25\%],[1,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000,1\mathrm{.}0000],[2,2\mathrm{.}0900,2\mathrm{.}1000,2\mathrm{.}1100,2\mathrm{.}1200,2\mathrm{.}1300,2\mathrm{.}1400,2\mathrm{.}1500,2\mathrm{.}2000,2\mathrm{.}2500],[3,3\mathrm{.}2781,3\mathrm{.}3100,3\mathrm{.}3421,3\mathrm{.}3744,3\mathrm{.}4069,3\mathrm{.}4396,3\mathrm{.}4725,3\mathrm{.}6400,3\mathrm{.}8125],[4,4\mathrm{.}5731,4\mathrm{.}6410,4\mathrm{.}7097,4\mathrm{.}7793,4\mathrm{.}8498,4\mathrm{.}9211,4\mathrm{.}9934,5\mathrm{.}3680,5\mathrm{.}7656],[5,5\mathrm{.}9847,6\mathrm{.}1051,6\mathrm{.}2278,6\mathrm{.}3528,6\mathrm{.}4803,6\mathrm{.}6101,6\mathrm{.}7424,7\mathrm{.}4416,8\mathrm{.}2070],[6,7\mathrm{.}5233,7\mathrm{.}7156,7\mathrm{.}9129,8\mathrm{.}1152,8\mathrm{.}3227,8\mathrm{.}5355,8\mathrm{.}7537,9\mathrm{.}9299,11\mathrm{.}2588],[7,9\mathrm{.}2004,9\mathrm{.}4872,9\mathrm{.}7833,10\mathrm{.}0890,10\mathrm{.}4047,10\mathrm{.}7305,11\mathrm{.}0668,12\mathrm{.}9159,15\mathrm{.}0735],[8,11\mathrm{.}0285,11\mathrm{.}4359,11\mathrm{.}8594,12\mathrm{.}2997,12\mathrm{.}7573,13\mathrm{.}2328,13\mathrm{.}7266,16\mathrm{.}4991,19\mathrm{.}8419],[9,13\mathrm{.}0210,13\mathrm{.}5975,14\mathrm{.}1640,14\mathrm{.}7757,15\mathrm{.}4157,16\mathrm{.}0853,16\mathrm{.}7858,20\mathrm{.}7989,25\mathrm{.}8023],[10,15\mathrm{.}1929,15\mathrm{.}9374,16\mathrm{.}7220,17\mathrm{.}5487,18\mathrm{.}4197,19\mathrm{.}3373,20\mathrm{.}3037,25\mathrm{.}9587,33\mathrm{.}2529],[20,51\mathrm{.}1601,57\mathrm{.}2750,64\mathrm{.}2028,72\mathrm{.}0524,80\mathrm{.}9468,91\mathrm{.}0249,102\mathrm{.}4436,186\mathrm{.}6880,342\mathrm{.}9447]]$ TABLE $11\mathrm{.}2$A Present Value of $$1$TB Problem $11-115($Algo$)[$LO $11-1,11-2,11-3,11-4]$

Briar Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an

annual increase in net cash flow of $$201,000.$ The equipment will have an initial cost of $$1,201,000$ and an $8-$year useful life. The

salvage value of the equipment is estimated to be $$201,000.$ Briar's cost of capital is $6\%.($Future Value of $$1,$ Present Value of $$1,$

Future Value Annuity of $$1,$ Present Value Annuity of $$1$