The Bruce Company is considering investing in a wind turbine to generate its own power. Any unused power will be sold back to the locality company. Between cost savings and new revenues. The company expects to generate $750,000 per year in net cash infows from the turbine. The turbine would cost $4 milion and is expected to have a 20-year seu te with no residual valut Calculate the NPV assuming the company uses a 12% harde raste. Round your answer to the nearest whole dolar) (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) The NPV is $ Periods 2 3 4 5 12% 0.893 1.690 2.402 3.037 3.605 4.111 4.564 4.968 5.328 5.650 14% 0.877 1.647 2.322 2.914 3.433 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 4.452 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 12.134 11.348 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 11.118 10.380 9.712 8.559 7.606 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 22.023 19.523 17.413 | 15.622 14.094 12.783 10.675 9.077 25.808 22.396 19.600 17.292 15.372 13.765 11.258 9.427 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.779 16% 0.862 1.605 2.246 2.798 3.274 3.685 4.039 4.344 4.607 4.833 6 7 8 9 10 18% 20% 0.847 0.833 1.566 1.528 2.174 2.106 2.690 2.589 3.127 2.991 3.498 3.326 3.812 3.605 4.078 3.837 4.303 4.031 4.494 4.192 4.656 4.327 4.793 4.439 4.910 4.533 5.008 4.611 5.092 4.675 11 12 13 14 15 3.889 4.288 4.639 4.946 5.216 5.453 5.660 5.842 6.002 6.142 6.623 6.873 7.003 7,105 5.938 6.194 6.424 6.628 6.811 5.029 5.197 5.342 5.468 5.575 5.929 6.097 6.177 6.233 20 25 30 40 7.469 7.843 8.055 8.244 5.353 4.870 5.467 4.948 5.517 4.979 5.548 4.997 Periods 3% 1 2 3 2% 1.000 2.020 3,060 4.122 5.204 5 5637 6 7 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 12% 1.000 2.120 3.374 4.779 6.353 8.115 10.089 12 300 14.776 17.549 6.308 7.434 8.583 9.755 10.950 9 10 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 17.0 18.599 26.870 36.459 47.575 75.401 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 3310 4.310 4.375 4.506 4.841 5.526 5.867 6.105 6.802 6.975 7.336 7.716 8.142 8.394 8.923 9.487 9.549 9.897 10.637 11.436 11.027 11.491 12.488 13.579 12.578 13.181 14487 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 24215 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 14% 16% 18% 20% 1.000 1.000 1.000 1.000 2.140 2.160 2.180 2.200 3.440 3.506 3.572 3.640 4.921 5.066 5.215 5.368 6.610 6.877 7.154 7.442 8.536 8.977 9.442 9.930 10.730 11.414 12.142 12.916 13.233 14.240 15.327 16.499 16.085 17.519 19.086 20.799 19.337 21.321 23.521 25.959 23.045 25.733 28.755 32.150 27 271 30.850 34.931 39.581 32.089 36.786 42.219 48.497 37.581 43.672 50.818 59.196 43.842 51.660 60.965 72.035 91.025 115.380 146.628 186.688 181.871 249.214 342.603 471.981 356.787 530.312 790.948 1,181.882 1,342.025 2,360.757 4,163.213 7,343.858 11 12 13 14 15 12.169 13.412 14.680 15.974 17.293 24.297 32.030 40.568 60.402 20.655 24.133 28.029 32.393 37 280 72.052 133.334 241.333 767.091 20 25 30 40 Periods 1 2 2% 0.980 0.961 0.942 0.924 0.906 1% 0.990 0.980 0.971 0.961 0.951 0.942 0.933 0.923 0.914 0.905 3% 0.971 0.943 0.915 0.888 0.863 4% 0.962 0.925 0.889 0.855 0.822 4 14% 0.877 0.769 0.675 0.592 0.519 0.456 0.400 0.351 0.308 0.270 6 7 8 9 10 0.837 0.813 0.789 0.766 0.744 Present Value of $1 5% 6% 8% 10% 12% 0.952 0.943 0.926 0.909 0.893 0.907 0.890 0.857 0.826 0.797 0.864 0.840 0.794 0.751 0.712 0.823 0.792 0.735 0.683 0.636 0.784 0.747 0.681 0.621 0.567 0.746 0.705 0.630 0.564 0.507 0.711 0.665 0.583 0.513 0.452 0.677 0.627 0.540 0.467 0.404 0.645 0.592 0.500 0.424 0.361 0.558 0.463 0.386 0.322 0.585 0.527 0.429 0.350 0.287 0.557 0.497 0.397 0.319 0.257 0.530 0.469 0.368 0.290 0.229 0.505 0.442 0.340 0.263 0.205 0.481 0.417 0.315 0.239 0.183 0.377 0.312 0.215 0.149 0.104 0.295 0.233 0.146 0.092 0.059 0.231 0.174 0.099 0.057 0.033 0.142 0.097 0.046 0.022 0.011 0.888 0.871 0.853 0.837 0.820 0.804 0.788 0.773 0.758 0.743 0.614 0.790 0.760 0.731 0.703 0.676 0.650 0.625 0.601 0.577 0.555 16% 18% 20% 0.862 0.847 0.833 0.743 0.718 0.694 0.641 0.609 0.579 0.552 0.516 0.482 0.476 0.437 0.402 0.410 0.370 0.335 0.354 0.314 0.279 0.305 0.266 0.233 0.263 0.225 0.194 0.227 0.191 0.162 0.195 0.162 0.135 0.168 0.137 0.112 0.145 0.116 0.093 0.125 0.099 0.078 0.108 0.084 0.065 0.051 0.037 0.026 0.024 0.016 0.010 0.012 0.007 0.004 0.003 0.001 0.001 11 12 13 14 15 0.896 0.887 0.879 0.870 0.861 0.722 0.701 0.681 0.661 0.642 0.237 0.208 0.182 0.160 0.140 0.073 0.038 0.020 0.005 20 25 30 40 0.820 0.780 0.742 0.672 0.673 0.610 0.552 0.453 0.554 0.478 0.412 0.307 0.456 0.375 0.308 0.208 Future Value of $1 Periods 1% 10% 12% GNS 1.010 1.020 1.030 1.041 1.051 2% 1.020 1.040 1.061 1,082 1.104 3% 1.030 1.061 1.093 1.126 1.159 5% 1.050 1.103 1.158 1.216 1.276 4% 1.040 1.082 1.125 1.170 1.217 1.265 1.316 1.369 1.423 1.480 6% 1.060 1.124 1.191 1.262 1.338 14% 1.140 1.300 1.482 1.689 1.120 1.254 1.405 1.574 1.762 18% 1.180 1.392 1.643 1.939 2.288 20% 1.200 1.440 1.728 2.074 2.488 4 5 1.925 6 8 9 10 1.100 1.210 1.331 1.464 1.611 1.772 1.949 2.144 2.358 2.594 1.082 1.072 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1.126 1.149 1.172 1.195 1.219 1.243 1.268 1.419 1.504 1.594 1.689 1.791 8% 1.080 1.166 1.260 1.360 1.469 1.587 1.714 1.851 1.999 2.159 2.332 2.518 2.720 2.937 3.172 1.194 1.230 1.267 1.305 1.344 1.384 1,426 1.469 1.513 1.558 1.806 2.094 2.427 3.262 11 12 13 14 15 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 1.974 2211 2.476 2.773 3.106 3.479 3.896 4.363 4.887 5.474 1.294 16% 1.160 1 346 1.561 1.811 2.100 2.436 2826 3.278 3.803 4.411 5.117 5.936 6.886 7.988 9.266 1.539 1.601 1.665 1.732 1.801 2.191 2.666 3.243 4.801 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 1.898 2012 2.133 2.261 2.397 3.207 4.292 5.743 10.286 2.853 3.138 3.452 3.797 4.177 6.727 10.835 17.449 45.259 1.319 1.346 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 1,469772 20 25 30 40 1.220 1.282 1.348 1.489 1.486 1.641 1.811 2.208 4.661 6.848 10.063 21.725 9.646 17.000 29.960 93.051 19.461 40.874 85.850 378.721