The Bruce 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 generato $750,000 per year in net cash inflows from the turbine. The turbine would cost $4 milion and is expected to have a 20-year useful life with no residual value. Calculate the NPV assuming the company uses a 12% 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) (Click the icon to view the future value of an annuity table.) (Click the loon to view the future value table.) The NPV is $ Periods 1 2 3 4 5 12% 0.893 1.690 2.402 3.037 3.605 14% 0.877 1.647 2.322 2.914 3.433 16% 0.862 1.605 2.246 2.798 3.274 18% 0.847 1.566 2.174 2.690 3.127 20% 0.833 1.528 2.106 2.589 2.991 6 7 8 9 10 Present Value of Annuity of $1 1% 2% 3% 4% 5% 6% 8% 10% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1.736 2.941 2.884 2.829 2.775 2.723 2.673 2.577 2.487 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 4.853 4.713 4.580 4452 4.329 4.212 3.993 3.791 5.795 5.601 5.417 5.242 5,076 4.917 4.623 4.355 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 8.566 8.162 7.786 7.435 7.108 6.802 6.247 5.759 9.471 8.983 8.530 8.111 7.722 7.360 6.710 6.145 10.3689.787 9.253 8.760 8.306 7.887 7.139 6.495 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 12.13411.348 10.6359.986 9.394 8.853 7.904 7.103 13.004 12.106 11.296 10.563 9.899 9.295 8.244 7.367 13.865 12.849 11.938 11.11810.380 9.712 8.559 7.606 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 4.111 4.564 4.968 5.328 5.650 3.889 4.288 4.639 4.946 5.216 3.685 4.039 4344 4.607 4.833 3.498 3.812 4.078 4.303 4.494 3.326 3.605 3.837 4.031 4.192 4.327 4.439 4.533 4.611 4.675 11 12 13 14 15 5.938 6.194 6.424 6.628 6.811 5.453 5.660 5.842 6.002 6.142 6.623 5.029 5.197 5.342 5.468 5.575 4.656 4.793 4.910 5.008 5.092 20 7.469 5.929 5.353 4.870 1 16% 0.862 0.743 0.641 0.552 0.476 20% 0.833 0.694 0.579 0.482 0.402 0.636 50456 0410 w the p Present Value of $1 w the fu Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 0.990 0.990 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 2 0.980 0.961 0.943 0.925 0.907 0.890 0.857 0.826 0.797 0.769 3 0.971 0.942 0.915 0.889 0.864 0.840 0.794 0.751 0.712 0.675 4 0.961 0.924 0.888 0.855 0.823 0.792 0.735 0.683 0.592 5 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.519 0.942 0.888 0.837 0.790 0.746 0.705 0.630 0.564 0.507 7 0.871 0.813 0.760 0.711 0.665 0.583 0.513 0.452 0.400 8 0.923 0.853 0.789 0.731 0.677 0.627 0.540 0.467 0.404 0.351 0.914 0.837 0.766 0.703 0.645 0.592 0.500 0.424 0.361 0.308 10 0.905 0.820 0.744 0.676 0.614 0.558 0.463 0.386 0.322 0.270 11 0.896 0.804 0.722 0.650 0.585 0.527 0.429 0.350 0.287 0.237 12 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.257 0.208 13 0.879 0.773 0.681 0.601 0.530 0.469 0.368 0.290 0.229 0.182 14 0.870 0.758 0.661 0.577 0.505 0.442 0.340 0.263 0205 0.160 15 0.861 0.743 0.642 0.555 0.481 0.417 0.315 0.239 0.183 0.140 20 0.820 0.673 0.554 0.456 0.377 0.312 0.215 0.149 0.104 0.073 0.933 18% 0.847 0.718 0.609 0.516 0.437 0.370 0.314 0.266 0.225 0.191 0.162 0.137 0.116 0.099 0.084 0.354 0.305 0.263 0.227 0.195 0.168 0.145 0.125 0.108 0.051 9 0.335 0.279 0.233 0.194 0.162 0.135 0.112 0.093 0.078 0.065 0.037 0.026 Periods 1 2% 1.000 2020 3.060 4.122 5204 3% 1.000 2030 3.091 4.184 5.309 18% 1.000 2.180 3.572 5215 7.154 4 5 1% 1.000 2010 3.030 4,060 5.101 6.152 7.214 8.286 9.369 10.462 11.567 12683 13809 14.947 16.097 22.019 6 7 8 9 10 6.468 7.662 8.892 10.159 11.454 4% 1.000 2.040 3.122 4246 5.416 6.633 7.898 9214 10.583 12.006 13.486 15.026 16.627 18.292 20.024 29.778 Future Value of Annuity of $1 5% 6% 8% 10% 1.000 1.000 1.000 1.000 2.050 2060 2.080 2.100 3.153 3.184 3.246 3,310 4310 4375 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 9487 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 24523 19.599 21.015 24.215 27.975 21.579 23.276 27.152 31.772 33006 38.780 45.762 57.275 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 32.30 37.280 72.052 20% 1.000 2.200 3.640 5.368 7.442 9.930 12.916 16.499 20.799 25.959 6.308 7434 8.583 9.755 10.950 12.169 13.412 14.680 15.974 17.293 24.297 14% 1.000 2.140 3.440 4.921 6.610 8.536 10.730 13.233 16085 19.337 23.045 27271 32 089 37581 43.842 91.025 16% 1.000 2.160 3.506 5.066 6.877 8.977 11.414 14.240 17.519 21.321 25.733 30.850 36.786 43.672 51.660 115.380 9442 12.142 15.327 19.086 23.521 11 12 13 14 15 12.808 14.192 15618 17.085 18.590 26.870 28.755 34.931 42219 50.818 60.965 32.150 39 581 48.497 59.196 72.035 186.688 146.628 20 t Future Value of $1