Take me to the text

1.Scarlett is the manager of a hotel chain's marketing department, and is considering a project that will cost $430,000 to implement. The project will last three years until it would be shut down, with a residual value of $42,000. The incremental operating income from this project is shown below.

Year	Incremental Operating Income
1	$68,000
2	$46,000
3	$43,000

Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Calculate the ARR for the project. ARR: Answer

2.

Assuming the interest rate is 4%, what is the present value of a $1,800 payment you will receive in:

Do not enter dollar signs or commas in the input boxes. Use the PV tables in the appendix at the end of the book. Round all answers to the nearest whole number. a) 4 years? $Answer b) 6 years? $Answer c) 10 years? $Answer