The Bolt Company is considering investing in a wind turbine to generate its own power. Any unused power will be sold back to the local utility company. Between cost savings and new revenues, the company expects to generate $855,000 per year in net cash inflows from the turbine. The turbine would cost $4.5 million and is expected to have a 20-year useful life with no residual value. Calculate the NPV assuming the company uses a 6% hurdle rate. (Round your answer to the nearest whole dollar.) (Click the icon to view the present value of an annuity table.) (Click the icon to view the present value table.) 3 (Click the icon to view the future value of an annuity table.) (Click the icon to view the future value table.) The NPV is $ C T112-3 (similar to) Question Help The Bolt Company is considering investing in a wind turbine to generate its own power. Any unused power will be sold back to the local utility company. Between cost savings and new revenues, the company expects to generate $855,000 per year in net cash inflows from the turbine. The turbine would cost $4.5 million and is expected to have a 20-year useful life with no residual value. Calculate the NPV assuming the company uses a 6% hurdle rate. (Round your answer to the nearest whole dollar.) (Click the icon to view the present value of an annuity table.) i Reference (Click the icon to view the future value of an annuity table.) The NPV is $ C vow Present Value of Annuity of $1 Periods | 1% 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 1.970 1.942 1.9131.886 1.859 1.833 1.833 1.783 1.18 1.736 1.6901.647 1.605 2.9412.884 2.829 2.775 2.723 2.673 2.577 2.487 | 2.402 2.322 2.246 3.902 3.808 3.717 | 3.546 3.465 3.312 3.170 3.037 2.914 2.798 4.853 4.713 4.580 4.452 4.329 | 4.212 3.993 3.791 3.605 3.433 3.274 5.795 5.601 5.417 5.242 5.076 4.917 4.623 | 4.355 4.111 3.889 3.685 6.728 6.472 6.230 6.002 5.786 5.5825.206 4.868 4.564 4.288 4.039 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 4.9684.6394.344 8.566 8.162 7.786 7.435 7.108 6.802 6.247 5.759 5.328 4.946 4.607 9.471 8.9838.530 8.111 7.722 7.360 6.710 6.145 5.650 5.216 4.833 10.368 | 9.787 | 9.253 8.760 8.306 7.887 7.139 6.495 5.938 5.453 5.029 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 6.194 5.660 5.197 12.134 11.348 10.635 9.986 9.394 8.853 7.904 7.103 6.424 5.842 5.342 13.004 12.106 | 11.296 | 10.563 9.899 9.295 8.244 7.367 6.6286.0025.468 15 13.865 12.849 11.938 11.118 10.380 9.712 8.559 7.606 6.811 6.142 20 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.5147.4696.623 25 22.023 19.523 17.413 15.622 14.094 12.783 10.675 9.077 7.8436.873 25.808 22.396 19.600 17.292 15.372 13.765 11.258 9.427 8.055 | 7.003 6.177 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.779 | 8.244 7.105 6.233 18% 0.847 1.566 | 2.174 2.690 3.127 3.498 3.812 4.078 4.303 4.494 4.656 4.793 4.910 5.008 5.092 5.353 5.467 5.517 5.548 20% 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4.031 4.192 4.327 4.439 4.533 4.611 4.675 4.870 4.948 4.979 4.997 Print Done The Bolt Company is considering investing in a wind turbine to generate its own power. Any unused power will be sold back to the local utility company. Between cost savings and new revenues, the company expects to generate $855,000 per year in net cash inflows from the turbine. The turbine would cost $4.5 million and is expected to have a 20-year useful life with no residual value. Calculate the NPV assuming the company uses a 6% hurdle rate. (Round your answer to the nearest whole dollar.) (Click the icon to view the present value of an annuity table.) (Click t Reference (Click the icon to view the future value of an annuity table.) (Click t The NPV is $ Present Value of $1 Periods 20% 1% 0.990 0.980 0.971 0.961 0.951 0.942 0.933 0.923 0.914 0.905 0.896 0.887 0.879 0.870 0.861 0.820 0.780 0.742 0.672 2% 0.980 0.961 0.942 0.924 0.906 0.888 0.871 0.853 0.837 0.820 0.804 0.788 0.773 0.758 0.743 0.673 0.610 0.552 0.453 3% 0.971 0.943 0.915 0.888 0.863 0.837 0.813 0.789 0.766 0.744 0.722 0.701 0.681 0.661 0.642 0.554 0.478 0.412 0.307 4% 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 0.703 0.676 0.650 0.625 0.601 0.577 0.555 0.456 0.375 0.308 0.208 5% 6% 0.952 0.943 0.907 0.890 0.864 0.840 0.823 0.792 0.784 0.747 | 0.746 0.705 0.711 0.665 0.677 0.627 0.645 0.592 0.614 0.558 0.585 0.527 0.557 0.497 | 0.530 0.469 0.505 0.442 0.481 0.417 0.377 0.312 0.295 0.233 0.231 0.174 0.1420.097 8% 10% 0.926 0.909 0.857 0.826 0.794 0.751 0.735 0.683 0.681 0.621 0.630 0.564 0.583 0.513 0.540 0.467 0.500 0.424 0.463 0.386 0.429 | 0.350 0.397 0.319 0.368 0.290 0.340 0.263 0.315 0.239 0.215 0.149 0.146 0.092 0.099 0.057 0.046 0.022 12% 14% 16% 0.893 0.877 0.862 0.797 0.769 0.743 0.712 0.675 0.641 | 0.636 0.592 0.552 0.567 0.519 0.476 0.507 0.456 0.410 0.452 0.400 0.354 0.404 0.351 0.305 0.361 0.308 0.263 0.322 0.270 0.227 0.287 0.237 0.195 0.257 0.208 0.168 0.229 0.182 0.145 0.205 0.160 0.125 0.183 0.140 0.108 0.104 0.073 0.051 0.059 0.038 0.024 0.033 0.0200.012 0.0110.005 0.003 18% 0.847 | 0.833 0.718 0.694 0.609 0.579 0.516 0.482 0.437 0.402 0.370 0.335 0.314 0.279 0.266 0.233 0.225 0.194 0.191 0.162 0.162 0.135 0.137 0.112 0.116 0.093 0.099 0.078 0.084 0.065 0.037 0.026 0.016 0.010 0.007 0.004 0.001 0.001 20 25 40 Print Done Done The Bolt Company is considering investing in a wind turbine to generate its own power. Any unused power will be sold back to the local utility company. Between cost savings and new revenues, the company expects to generate $855,000 per year in net cash inflows from the turbine. The turbine would cost $4.5 million and is expected to have a 20-year useful life with no residual value. Calculate the NPV assuming the company uses a 6% hurdle rate. (Round your answer to the nearest whole dollar.) (Click the icon to view the present value of an anny fi Reference (Click the icon to view the future value of an annuit The NPV is $ D . Periods 16% 100% 20% 9.487 1% 1.000 2.010 3.030 4.060 5.101 6.152 7.214 8.286 9.369 10.462 11.567 12.683 13.809 14.947 16.097 22.019 28.243 34.785 48.886 2% 1.000 2.020 3.060 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 3% 1.000 2.030 3.091 4.184 5.309 6.468 7.662 8.892 10.159 11.464 12.808 14.192 15.618 17.086 18.599 26.870 36.459 47.575 75.401 4% 1.000 2.040 3.122 4.246 5.416 6.633 7.898 9.214 10.583 12.006 13.486 15.026 16.627 18.292 20.024 29.778 41.646 56.085 95.026 Future Value of Annuity of $1 5% 6% 8% 10% 1.000 1.000 1.000 1.000 2.050 2.060 2.080 2.100 3.153 3.184 3.246 3.310 4.310 4.375 4.506 4.641 5.526 5.637 5.867 6.105 6.802 6.975 7.336 7.716 8.142 8.394 8.923 9.549 9.897 10.637 11.436 11.027 11.491 12.488 13.579 12.578 13.181 14.487 15.937 14.207 14.972 16.645 18.531 15.917 16.870 18.977 21.384 17.713 18.882 21.495 24.523 19.599 21.015 24.215 27.975 21.579 23.276 27.152 31.772 33.066 36.786 45.762 57.275 47.727 54.865 73.106 98.347 66.439 79.058 113.283 164.494 120.800 154.762 259.057 442.593 12% 1.000 2.120 3.374 4.779 6.353 8.115 10.089 12.300 14.776 17.549 20.655 24.133 28.029 32.393 37.280 72.052 133.334 241.333 767.091 14% 1.000 2.140 3.440 4.921 6.610 8.536 10.730 13.233 16.085 19.337 23.045 27.271 32.089 37.581 43.842 91.025 181.871 356.787 1,342.025 1.000 1.000 2.160 2.180 3.506 3.572 5.066 5.215 6.877 7.154 8.977 9.442 11.414 12.142 14.240 15.327 17.519 19.086 21.321 23.521 25.733 28.755 30.850 34.931 36.786 42.219 43.672 50.818 51.660 60.965 115.380 146.628 249.214 342.603 530.312790.948 2,360.757 4,163.213 1.000 2.200 3.640 5.368 7.442 9.930 12.916 16.499 20.799 25.959 32.150 39.581 48.497 59.196 72.035 186.688 471.981 1,181.882 7,343.858 40.568 60.402 | Print Done The Bolt Company is considering investing in a wind turbine to generate its own power. Any unused power will be sold back to the local utility company. Between cost savings and new revenues, the company expects to generate $855,000 per year in net cash inflows from the turbine. The turbine would cost $4.5 million and is expected to have a 20-year useful life with no residual value. Calculate the NPV assuming the company uses a 6% hurdle rate. (Round your answer to the nearest whole dollar.) (Click the icon to view the present value Reference (Click the icon to view the future value of The NPV is $ Future Value of $1 Periods 12% 1.120 1.254 3% 1.030 1.061 1.093 1.126 1.159 1.194 4% 1.040 1.082 1.125 1.170 1.217 1.265 1.316 1.369 6% 1.060 1.124 1.191 1.262 1.338 8% 1.080 1.166 1.260 1.360 1.469 1% 1.010 1.020 1.030 1.041 1.051 1.062 1.072 1.083 1.094 1.105 1.116 10% 1.100 1.210 1.331 1.464 1.611 1.772 16% 1.160 1.346 1.561 1.811 2.100 18% 1.180 1.392 1.643 1.939 2.288 20% 1.200 1.440 1.728 2.074 2.488 1.419 1.587 1.714 1.230 1.267 1.305 1.504 1.594 1.949 1.423 1.689 1.851 1.999 2% 1.020 1.040 1.061 1.082 1.104 1.126 1.149 1.172 1.195 1.219 1.243 1.268 1.294 1.319 1.346 1.486 1.641 1.811 2.208 5% 1.050 1.103 1.158 1.216 1.276 1.340 1.407 1.477 1.551 1.629 1.710 1.796 1.886 1.980 2.079 2.653 3.386 4.322 7.040 2.144 2.358 2.594 2.853 1.791 1.898 2.436 2.826 3.278 3.803 4.411 5.117 1.405 1.574 1.762 1.974 2.211 2.476 2.773 3.106 3.479 3.896 4.363 4.887 5.474 9.646 17.000 29.960 93.051 1.127 14% 1.140 1.300 1.482 1.689 1.925 2.195 2.502 2.853 3.252 3.707 4.226 4.818 5.492 6.261 7.138 13.743 26.462 | 50.950 188.884 2.012 3.138 1.344 1.384 1.426 1.469 1.513 1.558 1.806 2.094 2.427 3.262 1.138 1.149 1.480 1.539 1.601 1.665 1.732 1.801 2.191 2.666 3.243 4.801 2.133 2.261 2.159 2.332 2.518 2.720 2.937 3.172 4.661 5.936 6.886 7.988 2.700 3.185 3.759 4.435 5.234 6.176 7.288 8.599 10.147 11.974 27.393 62.669 143.371 750.378 2.986 3.583 4.300 5.160 6.192 7.430 8.916 10.699 12.839 15.407 38.338 95.396 237.376 1,469.772 1.161 2.397 3.452 3.797 4.177 6.727 10.835 17.449 45.259 1.220 1.282 1.348 1.489 3.207 4.292 5.743 10.286 6.848 9.266 19.461 40.874 85.850 378.721 10.063 | 21.725 Print Done