uail Company is considering buying a food truck that will yield net cash inflows of $11,000 per year for seven years. The truck costs $45,000 and has an estimated $6,700 salvage value at the end of the seventh year. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 8% return? Present Value of Net Cash Flows x PV Factor Net Cash Flows Years 1-7 S 11,000 x $ Year 7 salvage $ 6,700 x 0.5835 3,909 Totals = Initial investment = 45,000 Net present value Table B.1 Present Value of 1 p-1/(1+)" Rate Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 15% Periods 1 0.9901 0.9804 0.9709 0.9615 0.9524 0.9434 0.9346 0.9259 0.9174 09091 0.8929 0.8696 1 2 0.9803 0.9612 0.9426 0.9246 0.9070 0.8900 3 0.9706 0.9423 0.9151 0.8890 0.8638 4 0.9610 0.9238 08885 0.8548 0.8227 5 0.9515 0.9057 0.8626 0.8219 0.7835 6 0.9420 08880 0.8375 0.7903 0.7462 7 0.9327 0.8706 0.8131 0.7599 0.7107 8 0.9235 0.8535 0.7894 0.7307 0.6768 9 09143 0.8368 0.7664 0.7026 06446 0.5919 10 0.9053 0.8203 0.7441 0.6756 0.6139 0.5584 0.5083 11 0.8963 0.8043 0.7224 0.6496 0.5847 0.5268 0.4751 12 0.8874 0.7885 0.7014 0.6246 0.5568 0.4970 0.4440 0.3971 13 0.8787 0.7730 06810 0.6006 0.5303 0.4688 0.4150 0.3677 14 0.8700 0.7579 0.6611 0.5775 0.5051 0.4423 0.3878 15 0.8613 0.7430 0.6419 0.5553 04810 0.4173 0.3624 16 0.8528 0.7284 06232 0.5339 0.4581 0.3936 0.8734 0.8573 0.8417 0.8264 0.7972 0.7561 0.8396 0.8163 0.7938 0.7722 0.7513 0.7118 0.7921 0.7629 0.7350 0.7084 0.6830 0.74731 0.7130 0.6806 0.6499 06209 0.5674 0.7050 0.6302 0.6663 0.5963 0.5645 0.5066 0.6651 0.6227 0.5835 0.5470 0.5132 0.4523 0.3759 0.6274 0.5820 0.5403 0.5019 0.4665 0.4039 0.3269 05439 0.5002 0.4604 0.4241 0.3606 0.2843 0.4632 0.4224 0.3855 0.3220 0.2472 0.4289 0.3875 0.3505 0.2875 0.3555 0.3186 0.2567 0.3262 0.2897 0.2292 0.1625 0.3405 0.2992 0.3152 02745 0.3387 02919 0.2519 2 0.6575 3 0.6355 05718 4 0.4972 5 0.4323 6 7 8 9 10 0.2149 11 0.1869 12 13 0.2633 0.2046 0.2394 0.1827 0.2176 0.1631 0.1413 14 0.1229 15 0.1069 16 17 0.8444 0.7142 0.6050 0.5134 0.4363 0.37141 0.3166 0.2703 0.2311 0.1978 0.1456 0.0929 17 18 0.8360 0.7002 0.5874 0.4936 0.4155 0.3503 0.2959 0.2502 0.2120 0.1799 01300 0.0808 18. 19 08277 06864 0.5703 0.4746 0.3957 0.3305 0.2765 0.2317 0.1945 0.1635 0.1161 0.0703 19 20 0.8195 0.6730 0.5537 0.4564 0.3769 0.3118 02584 02145 0.1784 0.1486 0.1037 0.0611 20 25 0.7798 0.6095 0.4776 0.3751 0.2953 0.2330 0.1842 0.1460 0.1160 0.0923 0.0588 0.0304 25 30 0.7419 0.5521 0.4120 0.3083 02314 0.1741 0.1314 0.0994 0.0754 0.0573 0.0334 0.0151 30 35 0.7059 0 5000 0.3554 0.2534 0.1813 0.1301 0.0937 0.0676 0.0490 0.0356 0.0189 0.0075 35 40 0.6717 0.4529 0.3066 0.2083 0.1420 0.0972 0.0668 0.0460 0.0318 0.0221 0.0107 0.0037 40 *Used to compute the present value of a known future amount. For example: How much would you need to invest today at 10% compounded semiannually to accumulate $5,000 in rate of 5%), the factor is 0.5568. You would need to invest $2,784 today ($5,000 0.5568)