The Johnson Company is considering investing in a wind turbine to generate is 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 $967,500 per year in net cash inflows from the turbine. The turbine would cost $4.3 million and is expected to have a 10-year useful life with no residual value. Calculate the NPV assuming the company uses a 10% 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 icon to view the future value table.) The NPV is $ Periods 12% 2 3 4 5 14% 16% 0.877 0.862 1.647 1.605 2.322 2.246 2.914 2.798 3.433 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 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 0.893 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1.736 1.690 2.941 2.884 2.829 2.775 2.723 2.673 2.577 2.487 2.402 3.902 3.808 3.717 3.630 3.546 3,465 3.312 3.170 3.037 4.853 4.713 4.580 4.452 4.329 4212 3.993 3.791 3.605 5.795 5.601 5.417 5.242 5.076 4.917 4.623 4.355 4.111 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 4.564 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 4.968 8.566 8.162 7.786 7.435 7.108 6.802 6.247 5.759 5.328 9.471 8.983 8.530 8.111 7.722 7.360 6.710 6.145 5.650 10.368 9.787 9.253 8.760 8.306 7.887 7.139 6.495 5.938 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 6.194 12.134 11.348 10.635 9.986 9.394 8.853 7.904 7.103 6.424 13.004 12.106 11.296 10.563 9.899 9.295 8.244 7.367 6.628 13.865 12.849 11.938 11.11810.380 9.712 8.559 7.606 6.811 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 7.469 3.889 3.685 4.288 4.039 4.639 4.344 4.946 4.607 5.216 4.833 9 10 3.498 3.812 4.078 4.303 4.494 4.656 4.793 4.910 5.008 5.092 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 5.453 5.660 5.842 6.002 6.142 5.029 5.197 5.342 5.468 5.575 20 6.623 5.929 5.353 4.870 Print Done Present Value of $1 Periods 2 2% 0.980 0.961 0.942 0.924 0.906 3% 0.971 0.943 0.915 0.888 0.863 4% 0.962 0.925 0.889 0.855 0.822 5% 0.952 0.907 0.864 0.823 0.784 1% 0.990 0.980 0.971 0.961 0.951 0.942 0.933 0.923 0.914 0.905 6% 0.943 0.890 0.840 0.792 0.747 8% 0.926 0.857 0.794 0.735 0.681 10% 0.909 0.826 0.751 0.683 0.621 20% 0.833 0.694 0.579 0.482 0.402 4 5 6 7 8 9 10 0.888 0.871 0.853 0.837 0.820 0.837 0.813 0.789 0.766 0.744 0.790 0.760 0.731 0.703 0.676 0.746 0.711 0.677 0.645 0.614 0.705 0.665 0.627 0.592 0.558 0.630 0.583 0.540 0.500 0.463 0.564 0.513 0.467 0.424 0.386 12% 14% 16% 18% 0.893 0.877 0.862 0.847 0.797 0.769 0.743 0.718 0.712 0.675 0.641 0.609 0.636 0.592 0.552 0.516 0.567 0.519 0.476 0.437 0.507 0.456 0.410 0.370 0.452 0.400 0.354 0.314 0.404 0.351 0.305 0.266 0.361 0.308 0.263 0.225 0.322 0.270 0.227 0.191 0.287 0.237 0.195 0.162 0.257 0.208 0.168 0.137 0.229 0.182 0.145 0.116 0.205 0.160 0.125 0.099 0.183 0.140 0.108 0.084 0.335 0.279 0.233 0.194 0.162 0.135 0.112 0.093 0.078 0.065 11 12 13 14 15 0.896 0.887 0.879 0.870 0.861 0.804 0.788 0.773 0.758 0.743 0.722 0.701 0.681 0.661 0.642 0.650 0.625 0.601 0.577 0.555 0.585 0.557 0.530 0.505 0.481 0.527 0.497 0.469 0.442 0.417 0.429 0.397 0.368 0.340 0.315 0.350 0.319 0.290 0.263 0.239 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 Periods 20% 1.000 1 2 2% 1.000 2.020 3.060 4.122 5204 14% 1.000 2.140 3.440 4.921 6.610 16% 1.000 2.160 3.506 5.056 6.877 3 4 ch 1% 1.000 2010 3.030 4,060 5.101 6.152 7.214 8.286 9.309 10.462 11.567 12.683 13.809 14.947 16.097 6 7 8 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 17.088 18.599 26.870 4% 1.000 2.040 3.122 4246 5.416 6.633 7.898 9.214 10.583 12.006 13.486 15.026 16.627 18.292 20.024 29.778 Future Value of Annuity of S1 5% 6% 8% 10% 1.000 1.000 1.000 1.000 2.050 2.060 2080 2.100 3.153 3.184 3.246 3.310 4.310 4.375 4.506 4.641 5.526 5.637 5.867 6.106 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 11491 12488 13.579 12.578 13.181 14487 15,937 14207 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 12% 1.000 2.120 3.374 4.779 6.353 8.115 10.089 12.300 14.776 17.540 20.655 24.133 28.029 32.393 37.280 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 9 18% 1.000 2.180 3.572 5.215 7.154 9.442 12.142 15.327 19.086 23.521 28.755 34.931 42219 50 818 60.965 146.628 10 8.536 10.730 13.233 16.085 19.337 23.045 27.271 32 089 37.581 43.842 11 12 13 14 15 8.977 11.414 14.240 17.519 21.321 25.733 30.850 36.786 43.672 51.660 115.380 32.150 39.581 48.497 59.196 72.035 186.688 20 22.019 72052 91.025 st Future Value of $1 Kth Periods 1 1% 1.010 1.020 1.030 1041 1.051 2 3 4 2% 1.020 1.040 1.061 1,082 1.104 10% 1.100 1.210 1.331 1464 1.611 12% 1.120 1.254 1.405 1.574 1.762 14% 1.140 1.300 1.482 1.689 1.925 16% 1.160 1.346 1.561 1.811 3% 1.030 1.061 1.093 1.126 1.159 1.194 1230 1.267 1.305 1.344 2.100 5 7 8 9 10 1062 1.072 1,080 1094 1.106 1.040 1.082 1.125 1.170 1217 1.265 1.316 1.369 1.423 1480 1.539 1.601 1.665 1.732 1801 5% 1.050 1.103 1.158 1.216 1276 1.340 1407 1477 1551 1629 1.710 1.796 1886 1.980 2.079 2.653 6% 1.060 1.124 1.191 1.262 1.338 1.419 1.504 1.594 1.689 1.791 1.890 2012 2.133 2.261 2.397 3.207 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 4661 1.126 1.140 1.172 1.195 1.219 1.243 1268 1294 1319 1.346 1436 1.772 1949 2.144 2358 2.594 2436 2826 3.278 3.803 4.411 18% 1.180 1.392 1.643 1.939 2288 2.700 3.185 3.759 4435 5234 6.176 7.288 8.599 10.147 11.974 27.393 11 12 13 14 15 1.384 20% 1.200 1440 1.728 2.074 2.488 2.986 3.583 4.300 5.160 6.192 7.430 8.916 10.699 12.839 15.407 38.338 1.116 1.127 1.138 1.149 1.161 1220 1.974 2211 2476 2.773 3.106 3479 3.896 4.363 4.857 5.474 9.646 2195 2502 2853 3.252 3.707 4226 4818 5.492 6.261 7.138 13743 2853 3.138 3.452 3.797 4.177 6.727 1.400 1.513 1.558 1.806 5.117 5.936 6.886 7.988 9.266 19.461 20 2.191