Use the NPV method to determine whether Stenback Products should invest in the following projects: Project A costs $285,000 and offers seven annual net cash inflows of $63,000. Stenback Products requires an annual return Project B costs $390,000 and offers ten annual net cash inflows of $72,000. Stenback Products demands an annual return (Click the icon to view the present value annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value annuity table.) (Click the icon to view the future value 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 a minus sign for nega (30,543) The NPV of Project A is $ The NPV of Project B is $ Present Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 0.990 0.980 0.971 0.9620.952 0.943 0.926 0.9090.893 0.877 0.862 0.847 1.970 1.942 1.913 1.886 1.859 | 1.833 1.783 1.736 1.690 1.647 1.605 1.566 2.941 2.884 2.829 2.775 2.723 2.673 2.577 2.487 2.402 2.322 2.246 2.174 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 2.798 2.690 4.8534.713 4.580 4.452 4.329 4.212 3.993 3.791 3.605 3.433 3.274 3.127 5.795 5.601 5.417 5.242 | 5.076 4.917 4.623 4.355 4.111 3.889 3.685 3.498 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.8684.564 4.288 4.039 3.812 7.652 7.325 7.020 6.733 6.463 6.210 5.7475.335 4.9684.6394.344 4.078 8.566 8.1627.786 7.435 7.108 6.8026.247 5.759 5.328 4.9464.607 4.303 9.471 8.983 | 8.530 8.111 7.722 7.360 6.710 6.145 5.6505.216 4.833 4.494 10.368 9.787 | 9.253 8.760 8.3067.887 7.139 6.495 5.938 5.453 5.029 4.656 12 11.255 10.575 9.954 9.3858.8638.384 7.536 6.814 6.194 5.660 5.197 4.793 12.134 11.348 10.635 9.9869.394 8.853 7.904 7.103 6.424 5.842 5.342 4.910 13.004 12.106 11.296 | 10.563 9.899 9.295 8.244 7.367 6.628 6.0025.468 5.008 13.865 12.849 11.938 11.11810.380 9.7128.559 7.606 6.811 6.142 5.575 5.092 18.046 16.351 14.877 13.590 | 12.462 11.470 9.818 8.514 7.469 6.623 5.9295.353 22.023 19.523 17.413 15.622 14.09412.783 10.675 9.077 7.8436.873 25.80822.396 | 19.600 17.292 15.372 13.765 11.2589.427 | 8.055 7.003 6.1775.517 40 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.7798.244 7.105 6.233 20% 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4.031 4.192 4.327 4.439 4.533 4.611 4.675 4.870 4.979 Reference Periods 1 1 1% .000 2% 1.000 3% 1.000 4% 1.000 Future Value of Annuity of S1 5% 6% 8% 10% 1.000 1.000 1.000 1.000 Print Done 12% 1.000 14% 1.000 16% 1.000 18% 1.000 20% 1.000 Periods Present Value of $1 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 0.980 0.961 | 0.943 0.925 0.907 0.8570.826 0.797 0.769 0.743 0.7180.694 0.971 0.942 0.915 0.8890.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 0.961 0.924 0.888 0.8550.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 0.951 0.906 0.863 | 0.822 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 0.4560.410 0.370 0.335 0.933 0.871 0.813 0.760 0.711 | 0.665 0.583 0.513 0.4520.400 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 0.6450.592 0.500 0.424 0.361 0.308 0.263 0.225 0.194 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 0.896 0.8040.722 0.650 0.585 0.527 0.429 0.350 0.287 0.237 | 0.195 0.162 0.135 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 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 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 0.861 0.743 0.642 0.555 0.481 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 0.820 0.673 0.5540 .456 0.377 0.3120.215 0.149 0.104 0.073 0.051 0.037 0.026 0.780 0.610 0.478 0.375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.0160.010 0.742 0.552 0.412 0.308 0.231 0.174 0.099 0.057 0.033 0.0200.0120.007 0.004 0.672 0.453 0.307 0.208 0.142 0,097 0.046 0.022 0.0110.005 0.003 0.001 0.001 15 20 30 40 Future Value of $1 Periods 1% 1.010 2% 1.020 3% 1.030 4% 1.040 5% 1.050 6% 1.060 10% 1.100 12% 1.120 14% 1.140 16% 1.160 18% .180 20% 1.200 8% 1.080 Done Print TTTTTTTTTTTTTTTTT7 ST9 146 147 LHA Use the NPV method to determine whether Stenback Products should invest in the following projects: Project A costs $285,000 and offers seven annual net cash inflows of $63,000. Stenback Products requires an annual return of 16% on projects like A. . Project B costs $390,000 and offers ten annual net cash inflows of $72,000. Stenback Products demands an annual return of 12% on investments of this nature (Click the icon to view the present value annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value annuity table.) 3 (Click the icon to view the future value 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 a minus sign for negative net present values.) (30,543) The NPV of Project Ais $ The NPV of Project Bis $