the following projects: Use the NPV method to determine whether Stenback Products should invest Project A costs $270,000 and offers seven annual net cash inflows of $58,000. Stenback Products requires an annual return of 14% on projects like A. Project B costs $385,000 and offers nine annual net cash inflows of $70,000. Stenback Products demands an annual return of 10% on investments f this nature . E(Click the icon to view the present value table.) (Click the icon to view the present value annuity table.) (Click the icon to view the future value table.) (Click the icon to view the future value annuity table.) Requirement What is the NPV of each project? What is the maximum acceptable price to pay for each project? Calculate the NPV of each project (Round your answers to the nearest whole dollar. Use parentheses or minus sign for negative net present values.) The NPV of Project A is $ - X Reference Present Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 2 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1.736 1.690 1.647 1.605 1.566 1.528 3 2.941 2.884 2.829 2.775 2.723 2673 2.577 2.487 2.402 2.322 2.246 2.174 2.106 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 2798 2.690 2.589 4.713 5 4,853 4.580 4.452 4.329 4.212 3.993 3.791 3.605 3.433 3.274 3.127 2.99 5.417 5.795 5.601 5.242 5.076 4.917 4.623 4.355 4.111 3.889 3.685 3.498 3.326 4,288 7 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 4.564 4.039 3.812 3.605 4.639 7.652 7,325 7,020 6.733 6.463 6.210 5.747 5.335 4,968 4,344 4.078 3.837 9 8.566 8.162 7.786 7.435 7.108 6.802 6.247 5.759 5.328 4.946 4.607 4.303 4.031 10 7.360 6.710 4.192 9.471 8.983 8.530 8.111 7.722 6.145 5.650 5.216 4.833 4.494 7.887 11 10.368 9.787 9.253 8.760 8.306 7.139 6.495 5.938 5.453 5.029 4.656 4.327 11.255 10.575 12.134 11.348 13.004 12.106 13.865 12849 12 9.954 9.385 8.863 8.384 7.536 6.814 6.194 5.660 5.197 4,793 4.439 13 10.635 9.986 9.394 8.853 7.904 7.103 6.424 5.842 5.342 4.910 4.533 11.296 10.563 11.938 11.118 10.380 14 9.899 9.295 8.244 7.367 6.628 6.002 5468 5.008 4.611 15 9.712 8.559 7.606 6.811 6.142 5.575 5.092 4.675 13.590 12.462 15.622 14.094 17.292 15.372 19.793 17.159 15.046 18.046 16.351 14.877 20 11.470 9.818 8.514 7.469 6.623 5.929 5.353 4,870 22.023 19.523 12.783 25 17.413 10.675 9.077 7.843 6.873 6.097 5.467 4.948 30 4.979 25.808 22.396 19.600 13.765 11.258 9.427 8.055 7.003 6.177 5.517 40 32.835 27.355 4.997 23.115 11.925 9.779 8.244 7.105 6.233 5.548 Print Done . X Reference Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 0.962 1 0.990 0.980 0.971 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 0.980 0.961 0.943 0.925 0.907 0.890 0.857 0.826 0.797 0.769 0.743 0.718 0.694 0.971 0.942 0.915 0.889 0.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 0.961 0.924 0.888 0.855 0.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 0.822 5 0.951 0.906 0.863 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 0.942 0.888 0.837 0.790 0.746 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 7 0.933 0.871 0.813 0.760 0.711 0.665 0.583 0.513 0.452 0.400 0.354 0.314 0.279 0.923 0.853 0.789 0.731 0.677 0.627 0.540 0.467 0.404 0.351 0.305 0.266 0.233 0.914 0.837 0.766 0.703 0.645 0.592 0.500 0.424 0.361 0.308 0.263 0.225 0.194 10 0.905 0.820 0.744 0.676 0.614 0.558 0.463 0.386 0.322 0.270 0.227 0.191 0.162 11 0.896 0.804 0.722 0.650 0.585 0.527 0.429 0.350 0.287 0.237 0.195 0.162 0.135 12 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 13 0.879 0.773 0.681 0.601 0.530 0.469 0.368 0.290 0.229 0.182 0.145 0.116 0.093 14 0.870 0.758 0.661 0.577 0.505 0.442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 0.555 15 0.861 0.743 0.642 0.48 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 20 0.820 0.673 0.554 0.456 0.377 0.312 0.215 0.149 0.104 0.073 0.051 0.037 0.026 25 0.780 0.610 0.478 0.375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.016 0.010 30 0.742 0.552 0.412 0.308 0.231 0.174 0.099 0.057 0.033 0.020 0.012 0.007 0.004 40 0.672 0.453 0.307 0.208 0.142 0.097 0.046 0.022 0.011 0.005 0.003 0.001 0.001 Print Done -X Reference Future Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.010 2.020 2.030 2.040 2.050 2.060 2.080 2.100 2.120 2.140 2.160 2.180 2.200 3.060 3.030 3.091 3.122 3.153 3.184 3.246 3.310 3.374 3.440 3.506 3.572 3.640 4 4.060 4.122 4.184 4,246 4.310 4.375 4.506 4.641 4.779 4.921 5.066 5,215 5.368 5.309 6.353 5 5.101 5.204 5.416 5.526 5.637 5.867 6.105 6.610 6.877 7,154 7,442 6 6.152 6.308 6.468 6.633 6.802 6.975 7.336 7.716 8.115 8.536 8.977 9.442 9.930 7 7,214 7.434 7,662 7,898 8.142 8.394 8.923 9.487 10.089 10.730 11.414 12.142 12.916 8.286 14.240 8 8.583 8.892 9.214 9.549 9.897 10.637 11.436 12.300 13.233 15.327 16.499 10.159 9 9.369 9.755 10.583 11.027 11.491 12.488 13.579 14.776 16.085 17.519 19.086 20.799 10 10.950 25.959 10.462 11.464 12.006 12.578 13.181 14.487 15.937 17.549 19.337 21.321 23.521 25.733 11 11.567 12.169 12.808 13.486 14.207 14.972 16.645 18.531 20.655 23.045 28.755 32.150 12.683 24.133 30.850 34.931 39.581 12 13.412 14.192 15.026 15.917 16.870 18.977 21.384 27.271 48.497 13 13.809 14.680 15.618 16.627 17.713 18.882 21.495 24,523 28.029 32.089 36.786 42.219 15.974 17.086 59.196 14 14.947 18.292 19.599 21.015 24.215 27.975 32.393 37.581 43.672 50.818 20.024 21.579 43.842 72.035 15 16.097 17.293 18.599 23.276 27.152 31.772 37.280 51.660 60.965 24.297 26.870 20 22.019 29.778 33.066 36.786 45.762 57.275 72.052 91.025 115.380 146.628 186.688 32.030 36.459 98.347 181.871 471.981 25 28.243 41.646 47.727 54.865 73.106 133.334 249.214 342.603 356.787 30 34.785 40.568 47.575 56.085 66.439 79.058 113.283 164.494 241.333 530.312 790.948 1,181.882 2,360.757 4,163.213 48.886 60.402 95.026 154.762 259.057 40 75.401 120.800 442.593 767.091 1,342.025 7,343.858 Print Done N t LO Reference Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 1.010 1.020 1.030 1.040 1.050 1.060 1.080 1.100 1.120 1.140 1.160 1.180 1.200 1.020 1.040 1.061 1.082 1.103 1.124 1.166 1.210 1,254 1.300 1.346 1.392 1.440 3 1.030 1.061 1.093 1.125 1.158 1.191 1.260 1.331 1,405 1.482 1.561 1.643 1.728 1.041 1.082 1.126 1.170 1.216 1.262 1.360 1.464 1,574 1.689 1.811 1.939 2.074 1.051 1.104 1.159 1.217 1.276 1.338 1.469 1.611 1,762 1.925 2.100 2.288 2.488 1.062 1.126 1.194 1.265 1.340 1.419 1.587 1.772 1.974 2.195 2.436 2.700 2.986 7 1.072 1.149 1,230 1.316 1.407 1.504 1,714 1.949 2.211 2.502 2.826 3.185 3.583 1.083 1.172 1,267 1.369 1.477 1.594 1.851 2.144 2,476 2.853 3.278 3.759 4,300 1.094 1.195 1.305 1.423 1.551 1.689 1.999 2.358 2773 3.252 3.803 4.435 5.160 10 1.105 1.219 1.344 1.480 1.629 1.791 2.159 2,594 3.106 3.707 4.411 5.234 6.192 11 1.116 1.243 1.384 1.539 1.710 1.898 2.332 2.853 3.479 4.226 5.117 6.176 7.430 12 1.127 1.268 1.426 1.601 1.796 2.012 2.518 3.138 3.896 4.818 5.936 7.288 8.916 13 1.138 1.294 1,469 1.665 1.886 2.133 2.720 3.452 4.363 5.492 6.886 8.599 10.699 14 1.149 1.319 1.513 1.732 1.980 2.261 2.937 3.797 4.887 6.261 7,988 10.147 12.839 15 1.161 1.346 1,558 1.801 2.079 2.397 3.172 4.177 5.474 7,138 9.266 11.974 15.407 38.338 20 1.220 1.486 1.806 2.191 2.653 3.207 4,661 6.727 9.646 13.743 19.461 27.393 10.835 25 1.282 1.641 2.094 2.666 3.386 4.292 6.848 17.000 26,462 40.874 62.669 95.396 4322 17.449 237.376 30 1.348 1.811 2.427 3.243 5.743 10.063 29.960 50.950 85.850 143.371 1.489 21,725 45.259 750.378 40 2.208 3.262 4.801 7.040 10.286 93.051 188.884 378.721 1,469.772 Print Done X N LO