View Policies Current Attempt in Progress Ayayai Corporation is considering purchasing a new delivery truck. The truck has many advantages over the company's current truck (not the least of which is that it runs). The new truck would cost $64.380. Because of the increased capacity reduced maintenance costs and increased fuel economy. the new truck is expected to generate cost savings of $8,700. At the end of 8 years, the company will sell the truck for an estimated $27.700. Traditionally the company has used a rule of thumb that a proposal should not be accepted unless it has a payback period that is less than 50% of the asset's estimated useful life Larry Newton, a new manager, has suggested that the company should not rely solely on the payback approach, but should also employ the net present value method when evaluating new projects. The company's cost of capital in 8% Click here to view PV table. Compute the cash payback period and net present value of the proposed investment. If the not present value is negative, use either a negative sin preceding the number as 45 or parentheses c.g. (45). Round answer for present value to 0 decimal places, ep. 125. Round answer for Payback period to 1 decimal place, es 10.5. For calculation purposes, use 5 decimal places as displayed in the factor table provided) Cash payback period years Net present value $ Computer anderent value of the propound investment for the prevalente pedire the number of these and we went out to decimal Bloc 125 oder for back period to decimal 10 foto decimal sport in the chartable provide Netent value 1 the brother the concashback ! Derecho Textbook and Media