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UUSUPH New Evolution Corporation is a rapidly growing biotech company that has a required rate of return of 14%. It plans to build a new

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UUSUPH New Evolution Corporation is a rapidly growing biotech company that has a required rate of return of 14%. It plans to build a new facility in Santa Clara County. The building will take 2 years to complete. The building contractor offered New Evolution a choice of three payment plans, as follows: (Click the icon to view the data) Present Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Future Value of Annuity of $1 table Read the requirements Requirement 1. Using the net present value method, calculate the comparative cost of each of the three payment plans being considered by New Evolution. (Round your final answers to the nearest whole dollar.) The net present value cost of Plan Iis D 2. Using the net present value method, calculate the comparative cost of each of the three payment plans being considered by New Evolution. Which payment plan should New Evolution choose? Explain. Discuss the financial factors, other than the cost of the plan, and the nonfinancial factors that should be considered in selecting an appropriate payment plan. Print one Present Value of $1 Periods 25 4 % 6% Period 1 09 2 0943 Period 20 061 0.925 0.890 Period 3 0 9420 889 0.840 Period 4 0924 0.8550 792 Period 5 0908 0 R22 0 747 Period 6 0 BBB 0.790 0.705 Period 7 0.871 0.760 0.665 Period 8 0.853 0.731 0.627 Period 9 0.837 0.703 0 592 Period 10 0.820 0.676 0.558 Period 11 0.804 0.65 0.527 Period 12 0.788 0.625 0.497 Period 13 0.773 0.601 0.469 Period 14 0.758 0.577 0.442 Period 15 0.743 0.555 0.417 Period 16 0.729 0.534 0.394 Period 17 0.714 0.513 0371 Period 18 0.700 0.494 0 350 Period 19 0.686 0.475 0331 Period 20 0.673 0.456 0312 Period 21 0660 0.439 0294 Period 22 0.647 0.422 0.278 Period 23 0.634 0.406 0.22 8% 10% 12% 14% 16% 10% 20% 22% 24% 26% 0.926 0.90909308770662 0.847 07311 020 018060.794 0.857 0.8260.797 0789 0.743 0718 069 0672 0 650 0.630 0.794 0.751 0.712 06750 641 0600 05790551 0524 0.500 0.735 0683 0 636 0 5920 5520 516 042 0451 0.423 0.397 0.681 0.621 0.567 0.519 0476 0.437 0.402 0.370 0.341 0.315 0.6300 .564 0.507 0.456 0410 0.370 0.335 0.303 0.275 0.250 0.583 0.513 0.452 0.4000 354 0.314 0.279 0.24 0.222 0.19 0.540 0.467 0.404 0.351 0.305 0.268 0.23 0.204 0.179 0.157 0.500 0.424 0.361 0.308 0.263 0.225 0.194 0.167 0.144 0.125 0.463 0.3.860.322 0.270 0227 0.191 0.162 0.137 0.116 0.099 0.4290.350 0.287 0237 0.196 0.162 0.135 0.112 0004 0.079 0.397 0.3190 .257 0.208 0.168 0.137 0.112 0.092 0.078 0.062 0.368 0.290 0.229 0.182 0.145 0.116 0.093 0.075 0.061 0.050 0.340 0.2630 205 0.160 0.125 0.099 0.078 0.062 0.049 0.009 0.315 0.2390.183 0.140 0.108 0.034 0.055 0.051 0040 0.031 0.292 02180.163 0.123 0093 0.071 0054 0042 0002 0.025 0.270 0.1980.146 0.08 0.08000800045 0.034 0.025 0.020 0.250 0.180 0.130 0.005 0.069 0.051 0.038 0.028 0.021 0016 02320 164 0.116 00830.060 0.043 0.031 0.023 0.017 0012 0215 0.1490104 0.073 0.051 0037 0.025 0.019 0014 0010 0.19 0.1350093 0.064 0.044 0.031 0.022 0.0150011 0000 0.184 0.123 00830 056 0.038 0.026 0.018 0.013 0.000 0.008 0.1700 .1120074 0040 0.033 0.022 0.015 0.010 0.007 0.005 28% 30% 32% 40% Periods 0.781 0.769 0.750 0.714 Period 1 0.61005920574 0.510 Period 2 0.477 0.455 0.435 0364 Period 3 0.373 0.350 0329 0.260 Period 4 0291 0.2890.250 0.186 Period 5 0.227 0.207 0.189 0.133 Period 0.178 0.1590.143 0.095 Period 7 0.139 0.123 0.108 0.068 Period 8 0.108 0.094 0082 0.048 Period 9 0.085 0.073 0.002 0.035 Period 10 0.066 0056 0.047 0.025 Period 11 0.052 0.043 0.036 0.018 Period 12 0.040 0.033 0.027 0.013 Period 13 0.032 0.025 0.021 0.009 Period 14 0.025 0.020 0016 0.008 Period 15 0.019 00150012 0.005 Period 16 0,015 0,012 0009 0.003 Period 17 0012 0009 0.007 0.002 Period 18 00090 DOT 0005 0.002 Period 19 0.007 0.005 0.0040 001 Period 20 0000 0004 0.003 0.001 Period 21 0.004 0.003 0.002 0.001 Period 22 0.003 0.002 0.002 0.000 Period 23 Present Value of Annuity of $1.00 in Arrears Periods 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 22% 24% 26% Period 1 09800 962 0.943 0.926 0909 018030187707862 0847 0833 820 806 0.794 Period 2 1.942 1.886 1.833 1.783 1.738 1.690 1647 1505 1586 1528 1.492 1457 1424 Period 3 2884 2.775 2673 25772487 2402 23222.246 2.174 2.106 2042 1.981 1.923 Period 4 3.808 3.630 3.465 331231703037 2014 2.798 2690 2 589 2494 2404 2320 Periods 4.713 4.452 4212 3 9933.791 3 605 34333274 3.127 2091 2064 2745 2 635 Period 5.601 5.2424 917 4.6234355 4.111 38 3 .685 3.498 3.326 3 167 3.020 2 885 Period 7 6.472 6.00255825.2064.668 4.564 4.23 40393.812 3.605 3.416 3 242 3.083 Period 8 7.325 6.733 6.210 5.747 5.335 4.00 4.639 4.34 4.078 3.837 3.619 3.421 3.241 Period 98 .162 74356 802 6.247 5.759 5.328 4. 6 4.007 4.303 4,031 3.786 3.500 3.356 Period 10 8.983 8.1117.360 6.710 6.145 50505.216 4833 4.494 4.192 3,923 3.682 3.465 Period 119.787 8.7607 887 7.139 6.495 5.30 5.453 5029 4.656 4.327 4.0.35 3.778 3.543 Period 12 10.575 93858.384 7.536 6.814 6.194 5.500 5.197 4.793 4.439 4.127 3.851 3.806 Period 13 11 348 9.986 8.853 7904 7 103 6.424 5.8425.342 4.910 4.533 4.203 3.0123.856 Period 14 12 103 10.563 9.295 8.244 7.367 6.628 6.002 5468 5008 4.611 4.265 3.962 3.695 Period 15 12 849 11.118 9.712 8.559 7.606 6 8116.142 5.575 5.092 4 675 4 315 4001 3.726 Period 16 13 578 11.652 10.106 8.851 7.824 6.974 6 265 5.668 5.162 4.730 4357 4.033 3.751 Period 17 14 292 12. 168 10.477 9.1228.022 712063735749 5222 4.775 4.391 4059 3.771 Period 18 14 992 12 659 10.828 9.372 8201 7.250 6.4675.818 5273 48124419 4 0 3 788 Period 19 15 578 13.134 11.158 9.804 8.365 7.366 6.5505.877 5.316 483 44424097 3.799 Period 20 16 351 13 590 11.4709818 8514 74696.6235929 5.35348704460 4.110 308 Period 21 17 011 14029 11.764 10017 86497562 6.687 5 973 5.354 4 891 4 476 4.121 3816 Period 22 17 658 14 45112042 10201 8.772 7545 6.7436 011 5.410 4.909 4488 4.130 3.822 Period 23 18 292 14.857 12 303 10371 BR 7718 67926044 5.432 4925 4400 4137 327 28% 30% 32% 0.781 0.769 0.758 1.392 1.361 1.331 1.868 1.815 1.766 2241 2.168 2096 2532 2436 2345 2.759 2.643 2534 2.937 2802 2.677 3076 29252 786 3.184 30192 868 3269 3.092 2930 3335 3.147 2.978 3.387 3.190 3.013 3.427 3 223 3.040 3.459 3.2493.061 3 483 3268 3.078 3.503 3 283 3 088 3.518 3 295 3.097 3529 3304 3104 3539 3.311 3.109 3546 3316 3113 3551 3320 3.116 3.556 3 323 3.118 3550 3325 3.120 40% Periods 0.714 Period 1 1 224 Period 2 1.589 Period 3 1849 Period 4 2035 Period 5 2.168 Period 6 2.263 Period 7 2.331 Period 8 2.379 Period 9 2.414 Period 10 2.438 Period 11 2.456 Period 12 2.489 Period 13 2.478 Period 14 2.484 Period 15 2489 Period 16 2492 Period 17 2494 Period 18 2495 Period 19 2497 Period 20 2498 Period 21 2498 Period 22 2499 Period 23 28% 20% 1250 303 1539 1400 1960 2.744 2 193 5.378 4.398 4827 Compound Amount of $100 (The Future Value of $1.00) Periods 2% 4% % % 10% 12% 14% 18% 18% 20% 22% 20% Period 1 1020 1040 1080 1080 1.100 1.120 1200 1220 1240 Period 2 1.040 10821.124 1.166 1210 1254 1300 MB 1392 15 Period 3 1051 1.125 1.191 1250 1331 1405 142 1561 1543 1916 1907 Period 4 10B2 1.170 1202 1360 1454 1574 169 1939 2215 21 Period 5 1.104 1217 1.338 1.469 1.611 1.762 1.925 2.100 2288 2.488 2.703 2.932 Period 6 1.126 1205 1419 1587 1.772 1.974 2195 2416 2700296 3297 3535 Period 7 1.149 1 316 1,504 1.7141.949 2211 2102 226 3.185 3583 Period 8 1.172 1.300 1.504 1.851 2.144 2476 2053 3278 3.759 4.300 4900 5.500 Period 9 1.195 1423 1.689 1.9992358 2773 3 252 3 8034 435 5.160 5.987 6931 Period 10 1.219 1480 1.791 2.1592594 3.108 3.7074411 5234 6.192 7305 8.594 Period 11 1 243 1.530 1.898 2.33228533479 4 226 5.117 6.176 7430 B912 1057 Period 12 1.268 1,001 2012 2.5183.138 3896 4.818 5.36 7288 8.916 Period 13 1 294 1665 2133 2.720 3.452 4.333 5.492 0.36 8.500 10.699 Period 14 1.319 1.732 2.201 2.937 3.797 4.887 6.2017.108 10.147 12.809 16.182 20319 Period 15 1.346 1.801 2397 3.172 4.177 5.474 7.138 9200 11974 15.407 19.742 25.108 Period 16 1.373 1.873 2540 3.426 4 595 6.130 137 10.748 14.129 18.488 24086 31 203 Period 17 1.400 1.8 2.693 37005.054 88 02782 458 16.672 22.186 29 384 38.761 Period 18 1428 2029 2854 300 5.500 7800 1057514463 19.673 26 623 35.849 48039 Period 19 1 457 2 107 3020 4316 6.118 8613 12 056 16.777 23 214 31.948 43.735 5 8 Period 20 1 486 2191 3207 4651 6727 9.546 13.763 19.461 273338338 533587354 Period 21 1516 2 279 3400 5034 7400 10 0415 668 22 5942324 46 005 05.069152 Period 22 1 545 2370 604 5.437 140 12.100 17 01 2016 142 55 206 79.418 113.574 Period 23 1 577 2 465 3820 5.871 8.954 13.552 20 302 30376 45 008 66 247 96.889 14031 2000 2520 3.176 4002 5.042 6.353 8005 10.086 12 708 18.012 6.RO 9217 07 Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 11.806 13.786 16000 15.112 17.922 19.343 23 298 27983 24.759 31.691 191 4 0.565 51.185 6430 51 923 68 542 84054 68.451 85 504 112.139 507 112 453 4 10 0 4 192 1991 1390 190 0502579 178.400 2470 340 440 228300221.154449303 292 300 417 539 3 28.421 32030 40.358 50 851 64072 30 731 101.721 128.100 161402 203 40 10.541 14.758 20.061 20.925 40.496 56. 79.371 111.120 1 58568 217.795 304913 9 S07830 M ) 1171 356 63 22057 22% 26% 20% 30% 324 11000 24% 1000 2240 3.778 5.684 11000 2.400 2320 2220 3.708 5.524 7.740 Period 2 3848 5848 3.918 6016 8.700 12.136 16.534 1990 6.187 9.043 8048 10 MB 6.32 9.30 13407 18 25878 23.853 13.740 17.782 22.870 Compound Amount of Annuity of $1.00 in Amears (Future Value of Annuity) Periods 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 Period 2 2.020 2010 2.060 2.080 2.100 2.120 2.1402160 2180 2.200 Period 3 3.080 3.122 3.184 3.240 3.310 3374 3.440 3.506 3.572 3640 Period 4 4.122 4.246 4.375 4.508 4.641 4.779 4.9215.066 5215 5.368 Period 5 5.204 5.416 5.637 5.807 6.105 6.353 6.610 6.877 7.154 7.442 Period 6 6.308 6.633 6975 7336 7.710 8.115 8.530 8.977 9.442 9.930 Period 7 7.434 7.898 8.394 8.9239487 10.080 10.730 11.414 12.142 12.916 Period 8 8.583 9.214 9.897 10.637 11 430 12300 13.233 14.240 15 327 16,499 Period 9 9.755 10.583 11.491 12488 13.579 14.778 10.085 17.519 19.086 20.799 Period 10 10.950 22 000 13 11 14 48T 15.037 1759 19 17 21 121 222 25.99 Period 11 12.169 13486 14.972 18.645 18.531 20.655 23045 25.733 28.755 32 150 Period 12 13.412 15.028 16.870 18.977 21.384 24.133 27 271 30 850 34 901 39.581 Period 13 14.680 16.627 18 2 21.405 24 23 28 029 32 089 36.786 42 219 48 497 Period 14 15 974 18.292 21 015 24 215 27 975 32.393 37 581 43.672 50 818 59.196 Period 15 17 293 20.024 23 276 27.152 31.772 37 280 43.542 51.680 50 965 72.035 Period 16 18.639 21.825 25.673 30 324 35.950 42.753 50 980 60 925 72.939 87.442 Period 17 20.012 23 698 28 213 33 750 40.545 48 84 59.118 71.573 87.058 105.931 Period 18 21.412 25 545 30 908 37 450 45.599 55 750 68 394 84.141 103.740 128.117 Period 19 22 841 27 671 33 760 41.44651.159 63 440 78 969 98 603 123.414 154.740 Period 20 24 207 20 778 78 45702 57 27572 052 91 025 115 380 145.628 10 6 Period 21 25.783 31.969 39993 50.423 64 002 81.699 104.768 134.841 174 021 225.026 Period 22 27 290 34 248 43 302 55.457 71 403 92 503 120.436 157 415 205.345 271.031 Period 23 28 845 36 518 45 996 60 893 79 563 104 103 138 297 183 001 244 487 326 237 29.369 38.593 50.398 65.510 84 853 109 612 17,583 23.858 32.015 42.619 58 405 74.327 97625 127.913 47.002 03.122 34.320 35.962 44.874 55 746 69.010 85.192 1041.935 129.020 158 405 194.254 237 909 291.37 356.443 435.861 14 615 19.123 24.712 31 643 40.238 50.895 04.110 80.498 100 815 120.011 157 253 195 994 244 033 303.601 377.465 489 056 582,630 15 546 20.588 26.040 34.945 45.031 57.739 73.751 93.926 119.347 151.377 191.735 242.585 306.658 387 389 489 110 617 278 778.771 Period 5 Periods Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 181.868 233.791 300252 385 23 494 213 633 93 11 000 1040 358 218.472 285 014 371518 483 073 630.165 20.215 1067280 1388454 49.153 69.814 98.739 139 215 195929 275 300 388 420 541.988 759.784 1004 607 1491 576 2089 209 2925 559 4097 245 5737 142 197 097 262356 347 309 459 449 007 472 02.863 1060 779 1401 220 1850.622 we cost 1. Using the net present value method, calculate the comparative cost of each of the three payment plans being considered by New Evolution Which payment plan should New Evolution choose? Explain. Discuss the financial factors, other than the cost of the plan, and the nonfinancial factors that should be considered in selecting an appropriate payment plan. UUSUPH New Evolution Corporation is a rapidly growing biotech company that has a required rate of return of 14%. It plans to build a new facility in Santa Clara County. The building will take 2 years to complete. The building contractor offered New Evolution a choice of three payment plans, as follows: (Click the icon to view the data) Present Value of $1 table Present Value of Annuity of $1 table Future Value of $1 table Future Value of Annuity of $1 table Read the requirements Requirement 1. Using the net present value method, calculate the comparative cost of each of the three payment plans being considered by New Evolution. (Round your final answers to the nearest whole dollar.) The net present value cost of Plan Iis D 2. Using the net present value method, calculate the comparative cost of each of the three payment plans being considered by New Evolution. Which payment plan should New Evolution choose? Explain. Discuss the financial factors, other than the cost of the plan, and the nonfinancial factors that should be considered in selecting an appropriate payment plan. Print one Present Value of $1 Periods 25 4 % 6% Period 1 09 2 0943 Period 20 061 0.925 0.890 Period 3 0 9420 889 0.840 Period 4 0924 0.8550 792 Period 5 0908 0 R22 0 747 Period 6 0 BBB 0.790 0.705 Period 7 0.871 0.760 0.665 Period 8 0.853 0.731 0.627 Period 9 0.837 0.703 0 592 Period 10 0.820 0.676 0.558 Period 11 0.804 0.65 0.527 Period 12 0.788 0.625 0.497 Period 13 0.773 0.601 0.469 Period 14 0.758 0.577 0.442 Period 15 0.743 0.555 0.417 Period 16 0.729 0.534 0.394 Period 17 0.714 0.513 0371 Period 18 0.700 0.494 0 350 Period 19 0.686 0.475 0331 Period 20 0.673 0.456 0312 Period 21 0660 0.439 0294 Period 22 0.647 0.422 0.278 Period 23 0.634 0.406 0.22 8% 10% 12% 14% 16% 10% 20% 22% 24% 26% 0.926 0.90909308770662 0.847 07311 020 018060.794 0.857 0.8260.797 0789 0.743 0718 069 0672 0 650 0.630 0.794 0.751 0.712 06750 641 0600 05790551 0524 0.500 0.735 0683 0 636 0 5920 5520 516 042 0451 0.423 0.397 0.681 0.621 0.567 0.519 0476 0.437 0.402 0.370 0.341 0.315 0.6300 .564 0.507 0.456 0410 0.370 0.335 0.303 0.275 0.250 0.583 0.513 0.452 0.4000 354 0.314 0.279 0.24 0.222 0.19 0.540 0.467 0.404 0.351 0.305 0.268 0.23 0.204 0.179 0.157 0.500 0.424 0.361 0.308 0.263 0.225 0.194 0.167 0.144 0.125 0.463 0.3.860.322 0.270 0227 0.191 0.162 0.137 0.116 0.099 0.4290.350 0.287 0237 0.196 0.162 0.135 0.112 0004 0.079 0.397 0.3190 .257 0.208 0.168 0.137 0.112 0.092 0.078 0.062 0.368 0.290 0.229 0.182 0.145 0.116 0.093 0.075 0.061 0.050 0.340 0.2630 205 0.160 0.125 0.099 0.078 0.062 0.049 0.009 0.315 0.2390.183 0.140 0.108 0.034 0.055 0.051 0040 0.031 0.292 02180.163 0.123 0093 0.071 0054 0042 0002 0.025 0.270 0.1980.146 0.08 0.08000800045 0.034 0.025 0.020 0.250 0.180 0.130 0.005 0.069 0.051 0.038 0.028 0.021 0016 02320 164 0.116 00830.060 0.043 0.031 0.023 0.017 0012 0215 0.1490104 0.073 0.051 0037 0.025 0.019 0014 0010 0.19 0.1350093 0.064 0.044 0.031 0.022 0.0150011 0000 0.184 0.123 00830 056 0.038 0.026 0.018 0.013 0.000 0.008 0.1700 .1120074 0040 0.033 0.022 0.015 0.010 0.007 0.005 28% 30% 32% 40% Periods 0.781 0.769 0.750 0.714 Period 1 0.61005920574 0.510 Period 2 0.477 0.455 0.435 0364 Period 3 0.373 0.350 0329 0.260 Period 4 0291 0.2890.250 0.186 Period 5 0.227 0.207 0.189 0.133 Period 0.178 0.1590.143 0.095 Period 7 0.139 0.123 0.108 0.068 Period 8 0.108 0.094 0082 0.048 Period 9 0.085 0.073 0.002 0.035 Period 10 0.066 0056 0.047 0.025 Period 11 0.052 0.043 0.036 0.018 Period 12 0.040 0.033 0.027 0.013 Period 13 0.032 0.025 0.021 0.009 Period 14 0.025 0.020 0016 0.008 Period 15 0.019 00150012 0.005 Period 16 0,015 0,012 0009 0.003 Period 17 0012 0009 0.007 0.002 Period 18 00090 DOT 0005 0.002 Period 19 0.007 0.005 0.0040 001 Period 20 0000 0004 0.003 0.001 Period 21 0.004 0.003 0.002 0.001 Period 22 0.003 0.002 0.002 0.000 Period 23 Present Value of Annuity of $1.00 in Arrears Periods 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 22% 24% 26% Period 1 09800 962 0.943 0.926 0909 018030187707862 0847 0833 820 806 0.794 Period 2 1.942 1.886 1.833 1.783 1.738 1.690 1647 1505 1586 1528 1.492 1457 1424 Period 3 2884 2.775 2673 25772487 2402 23222.246 2.174 2.106 2042 1.981 1.923 Period 4 3.808 3.630 3.465 331231703037 2014 2.798 2690 2 589 2494 2404 2320 Periods 4.713 4.452 4212 3 9933.791 3 605 34333274 3.127 2091 2064 2745 2 635 Period 5.601 5.2424 917 4.6234355 4.111 38 3 .685 3.498 3.326 3 167 3.020 2 885 Period 7 6.472 6.00255825.2064.668 4.564 4.23 40393.812 3.605 3.416 3 242 3.083 Period 8 7.325 6.733 6.210 5.747 5.335 4.00 4.639 4.34 4.078 3.837 3.619 3.421 3.241 Period 98 .162 74356 802 6.247 5.759 5.328 4. 6 4.007 4.303 4,031 3.786 3.500 3.356 Period 10 8.983 8.1117.360 6.710 6.145 50505.216 4833 4.494 4.192 3,923 3.682 3.465 Period 119.787 8.7607 887 7.139 6.495 5.30 5.453 5029 4.656 4.327 4.0.35 3.778 3.543 Period 12 10.575 93858.384 7.536 6.814 6.194 5.500 5.197 4.793 4.439 4.127 3.851 3.806 Period 13 11 348 9.986 8.853 7904 7 103 6.424 5.8425.342 4.910 4.533 4.203 3.0123.856 Period 14 12 103 10.563 9.295 8.244 7.367 6.628 6.002 5468 5008 4.611 4.265 3.962 3.695 Period 15 12 849 11.118 9.712 8.559 7.606 6 8116.142 5.575 5.092 4 675 4 315 4001 3.726 Period 16 13 578 11.652 10.106 8.851 7.824 6.974 6 265 5.668 5.162 4.730 4357 4.033 3.751 Period 17 14 292 12. 168 10.477 9.1228.022 712063735749 5222 4.775 4.391 4059 3.771 Period 18 14 992 12 659 10.828 9.372 8201 7.250 6.4675.818 5273 48124419 4 0 3 788 Period 19 15 578 13.134 11.158 9.804 8.365 7.366 6.5505.877 5.316 483 44424097 3.799 Period 20 16 351 13 590 11.4709818 8514 74696.6235929 5.35348704460 4.110 308 Period 21 17 011 14029 11.764 10017 86497562 6.687 5 973 5.354 4 891 4 476 4.121 3816 Period 22 17 658 14 45112042 10201 8.772 7545 6.7436 011 5.410 4.909 4488 4.130 3.822 Period 23 18 292 14.857 12 303 10371 BR 7718 67926044 5.432 4925 4400 4137 327 28% 30% 32% 0.781 0.769 0.758 1.392 1.361 1.331 1.868 1.815 1.766 2241 2.168 2096 2532 2436 2345 2.759 2.643 2534 2.937 2802 2.677 3076 29252 786 3.184 30192 868 3269 3.092 2930 3335 3.147 2.978 3.387 3.190 3.013 3.427 3 223 3.040 3.459 3.2493.061 3 483 3268 3.078 3.503 3 283 3 088 3.518 3 295 3.097 3529 3304 3104 3539 3.311 3.109 3546 3316 3113 3551 3320 3.116 3.556 3 323 3.118 3550 3325 3.120 40% Periods 0.714 Period 1 1 224 Period 2 1.589 Period 3 1849 Period 4 2035 Period 5 2.168 Period 6 2.263 Period 7 2.331 Period 8 2.379 Period 9 2.414 Period 10 2.438 Period 11 2.456 Period 12 2.489 Period 13 2.478 Period 14 2.484 Period 15 2489 Period 16 2492 Period 17 2494 Period 18 2495 Period 19 2497 Period 20 2498 Period 21 2498 Period 22 2499 Period 23 28% 20% 1250 303 1539 1400 1960 2.744 2 193 5.378 4.398 4827 Compound Amount of $100 (The Future Value of $1.00) Periods 2% 4% % % 10% 12% 14% 18% 18% 20% 22% 20% Period 1 1020 1040 1080 1080 1.100 1.120 1200 1220 1240 Period 2 1.040 10821.124 1.166 1210 1254 1300 MB 1392 15 Period 3 1051 1.125 1.191 1250 1331 1405 142 1561 1543 1916 1907 Period 4 10B2 1.170 1202 1360 1454 1574 169 1939 2215 21 Period 5 1.104 1217 1.338 1.469 1.611 1.762 1.925 2.100 2288 2.488 2.703 2.932 Period 6 1.126 1205 1419 1587 1.772 1.974 2195 2416 2700296 3297 3535 Period 7 1.149 1 316 1,504 1.7141.949 2211 2102 226 3.185 3583 Period 8 1.172 1.300 1.504 1.851 2.144 2476 2053 3278 3.759 4.300 4900 5.500 Period 9 1.195 1423 1.689 1.9992358 2773 3 252 3 8034 435 5.160 5.987 6931 Period 10 1.219 1480 1.791 2.1592594 3.108 3.7074411 5234 6.192 7305 8.594 Period 11 1 243 1.530 1.898 2.33228533479 4 226 5.117 6.176 7430 B912 1057 Period 12 1.268 1,001 2012 2.5183.138 3896 4.818 5.36 7288 8.916 Period 13 1 294 1665 2133 2.720 3.452 4.333 5.492 0.36 8.500 10.699 Period 14 1.319 1.732 2.201 2.937 3.797 4.887 6.2017.108 10.147 12.809 16.182 20319 Period 15 1.346 1.801 2397 3.172 4.177 5.474 7.138 9200 11974 15.407 19.742 25.108 Period 16 1.373 1.873 2540 3.426 4 595 6.130 137 10.748 14.129 18.488 24086 31 203 Period 17 1.400 1.8 2.693 37005.054 88 02782 458 16.672 22.186 29 384 38.761 Period 18 1428 2029 2854 300 5.500 7800 1057514463 19.673 26 623 35.849 48039 Period 19 1 457 2 107 3020 4316 6.118 8613 12 056 16.777 23 214 31.948 43.735 5 8 Period 20 1 486 2191 3207 4651 6727 9.546 13.763 19.461 273338338 533587354 Period 21 1516 2 279 3400 5034 7400 10 0415 668 22 5942324 46 005 05.069152 Period 22 1 545 2370 604 5.437 140 12.100 17 01 2016 142 55 206 79.418 113.574 Period 23 1 577 2 465 3820 5.871 8.954 13.552 20 302 30376 45 008 66 247 96.889 14031 2000 2520 3.176 4002 5.042 6.353 8005 10.086 12 708 18.012 6.RO 9217 07 Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 11.806 13.786 16000 15.112 17.922 19.343 23 298 27983 24.759 31.691 191 4 0.565 51.185 6430 51 923 68 542 84054 68.451 85 504 112.139 507 112 453 4 10 0 4 192 1991 1390 190 0502579 178.400 2470 340 440 228300221.154449303 292 300 417 539 3 28.421 32030 40.358 50 851 64072 30 731 101.721 128.100 161402 203 40 10.541 14.758 20.061 20.925 40.496 56. 79.371 111.120 1 58568 217.795 304913 9 S07830 M ) 1171 356 63 22057 22% 26% 20% 30% 324 11000 24% 1000 2240 3.778 5.684 11000 2.400 2320 2220 3.708 5.524 7.740 Period 2 3848 5848 3.918 6016 8.700 12.136 16.534 1990 6.187 9.043 8048 10 MB 6.32 9.30 13407 18 25878 23.853 13.740 17.782 22.870 Compound Amount of Annuity of $1.00 in Amears (Future Value of Annuity) Periods 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 Period 2 2.020 2010 2.060 2.080 2.100 2.120 2.1402160 2180 2.200 Period 3 3.080 3.122 3.184 3.240 3.310 3374 3.440 3.506 3.572 3640 Period 4 4.122 4.246 4.375 4.508 4.641 4.779 4.9215.066 5215 5.368 Period 5 5.204 5.416 5.637 5.807 6.105 6.353 6.610 6.877 7.154 7.442 Period 6 6.308 6.633 6975 7336 7.710 8.115 8.530 8.977 9.442 9.930 Period 7 7.434 7.898 8.394 8.9239487 10.080 10.730 11.414 12.142 12.916 Period 8 8.583 9.214 9.897 10.637 11 430 12300 13.233 14.240 15 327 16,499 Period 9 9.755 10.583 11.491 12488 13.579 14.778 10.085 17.519 19.086 20.799 Period 10 10.950 22 000 13 11 14 48T 15.037 1759 19 17 21 121 222 25.99 Period 11 12.169 13486 14.972 18.645 18.531 20.655 23045 25.733 28.755 32 150 Period 12 13.412 15.028 16.870 18.977 21.384 24.133 27 271 30 850 34 901 39.581 Period 13 14.680 16.627 18 2 21.405 24 23 28 029 32 089 36.786 42 219 48 497 Period 14 15 974 18.292 21 015 24 215 27 975 32.393 37 581 43.672 50 818 59.196 Period 15 17 293 20.024 23 276 27.152 31.772 37 280 43.542 51.680 50 965 72.035 Period 16 18.639 21.825 25.673 30 324 35.950 42.753 50 980 60 925 72.939 87.442 Period 17 20.012 23 698 28 213 33 750 40.545 48 84 59.118 71.573 87.058 105.931 Period 18 21.412 25 545 30 908 37 450 45.599 55 750 68 394 84.141 103.740 128.117 Period 19 22 841 27 671 33 760 41.44651.159 63 440 78 969 98 603 123.414 154.740 Period 20 24 207 20 778 78 45702 57 27572 052 91 025 115 380 145.628 10 6 Period 21 25.783 31.969 39993 50.423 64 002 81.699 104.768 134.841 174 021 225.026 Period 22 27 290 34 248 43 302 55.457 71 403 92 503 120.436 157 415 205.345 271.031 Period 23 28 845 36 518 45 996 60 893 79 563 104 103 138 297 183 001 244 487 326 237 29.369 38.593 50.398 65.510 84 853 109 612 17,583 23.858 32.015 42.619 58 405 74.327 97625 127.913 47.002 03.122 34.320 35.962 44.874 55 746 69.010 85.192 1041.935 129.020 158 405 194.254 237 909 291.37 356.443 435.861 14 615 19.123 24.712 31 643 40.238 50.895 04.110 80.498 100 815 120.011 157 253 195 994 244 033 303.601 377.465 489 056 582,630 15 546 20.588 26.040 34.945 45.031 57.739 73.751 93.926 119.347 151.377 191.735 242.585 306.658 387 389 489 110 617 278 778.771 Period 5 Periods Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 181.868 233.791 300252 385 23 494 213 633 93 11 000 1040 358 218.472 285 014 371518 483 073 630.165 20.215 1067280 1388454 49.153 69.814 98.739 139 215 195929 275 300 388 420 541.988 759.784 1004 607 1491 576 2089 209 2925 559 4097 245 5737 142 197 097 262356 347 309 459 449 007 472 02.863 1060 779 1401 220 1850.622 we cost 1. Using the net present value method, calculate the comparative cost of each of the three payment plans being considered by New Evolution Which payment plan should New Evolution choose? Explain. Discuss the financial factors, other than the cost of the plan, and the nonfinancial factors that should be considered in selecting an appropriate payment plan

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