X Reference Present Value of Ordinary Annuity of $1 1 2 3 69 15 16 18 20 0 990 0 971 0 862 0 847 0 833 0 980 1 942 0 870 1 626 1 970 1 913 1 605 1 566 1 528 Periods Period 1 Period 2 Period 3 Period 4 Period 5 8 9 10 12 14 0 926 0 9170 909 0 893 0 877 1 783 1 759 1 736 1 690 1 647 2 577 2531 2 487 2 4022322 3 3123 240 3 170 3 037 2 914 3 993 3 890 3 791 3 605 3 433 2 941 2 884 2 829 2 283 2 246 2 798 3 717 2 855 3 902 3 808 4 853 4 713 4 5 7 0 962 0 952 0 943 0 935 1 886 1 859 1 833 1 808 2 775 2 723 2 673 2 624 3 630 3 546 3 465 3 387 4 452 4 329 4 212 4 100 5 242 5 076 4 917 4 767 6 002 5 786 5 582 5 389 6 733 6 463 6 210 5 971 7 435 7 108 6 802 6 515 8 111 7 722 7 360 7 024 2 174 2 106 2 690 2 589 3 127 2 991 4 580 3 352 3 274 5 417 3 685 3 784 4 160 Period 6 Period 7 Period 8 Period 9 Period 10 5 795 5 601 6 728 6 472 7 652 7 325 8 566 8 162 9 471 8 983 4 623 4 4864 355 4 111 3 889 5 206 5 033 4 868 4 564 4 288 5 747 5 535 5 335 4 968 4 639 6 247 5 9955 759 5 328 4 946 6 710 6 418 6 145 5 650 5 216 6 230 7 020 7 786 8 530 4 487 4 039 4 344 4 607 3 498 3 326 3 812 3 605 4 078 3 837 4 303 4 031 4 494 4 192 4 772 5 019 4 833 5 234 5 421 5 583 5 029 4 656 4 327 5 197 4 793 4439 5 342 4910 4 533 5 468 5 008 4 611 5 575 5 092 4 675 5 724 5 847 Period 11 10 368 9 787 9 253 8 760 8 306 7 887 7 499 7 139 6 805 6 495 5 938 5 453 Period 12 11 255 10 575 9 954 9 385 8 863 8 384 7 943 7 5367 1616 814 6 194 5 660 Period 13 12 134 11 348 10 635 9 986 9 394 8 853 8 358 7 904 7 487 7 103 6 424 5 842 Period 14 13 004 12 106 11 296 10 563 9 899 9 295 8 745 8 244 7 786 7 367 6 628 6 002 Period 15 13 865 12 849 11 938 11 118 10 380 9 712 9 108 8 559 8 061 7 606 6 811 6 142 Period 16 14 718 13 578 12 561 11 652 10 838 10 106 9 447 8 851 8 313 7 824 6 9746 265 Period 17 15 562 14 292 13 166 12 166 11 274 10 4771 9 763 9 122 8 544 8 022 7 1206 373 Period 18 16 398 14 992 13 754 12 659 11 690 10 828 10 059 9 372 8 756 8 201 7 250 6 467 Period 19 17 226 15 678 14 324 13 134 12 085 11 158 10 336 9 604 8 950 8 365 7 366 6 550 Period 20 18 046 16 351 14 877 13 590 12 462 11 470 10 594 9 818 9 129 8 5147 469 6 623 5 954 5 669 6 047 6 128 5 749 5 818 5 877 5 162 4 730 5 222 4 775 5 273 4 812 5 316 4 844 5 353 4 870 6 198 6 259 5 929 6 312 5 973 6 359 6 011 6 399 6 044 5 384 4 891 5 410 4 909 5 432 4 925 5 451 4 937 5 467 4 948 6 434 6 073 7 843 6 873 6 464 6 097 7 896 6 906 6 491 6 118 Period 21 18 857 17 011 15 415 14 029 12 821 11 764 10 836 10 0179 292 8 649 7 5626 687 Period 22 19 660 17 658 15 937 14 451 13 163 12 042 11 061 10 2019 442 8 772 7 645 6 743 Period 23 20 456 18 292 16 444 14 857 13 489 12 303 11 272 10 371 9 5808 883 7 718 6 792 Period 24 21 243 18 914 16 936 15 247 13 799 12 550 11 469 10 529 9 707 8 9857 784 6 835 Period 25 22 023 19 523 17 413 15 622 14 094 12 783 11 654 10 675 9 8239 077 Period 26 22 795 20 121 17 877 15 983 14 375 13 003 11 826 10 8109 929 9 161 Period 27 23 560 20 707 18 327 16 330 14 643 13 211 11 987 10 935 10 027 9 237 7 9436 935 Period 28 24 316 21 28118 764 16 663 14 898 13 406 12 137 11 051 10 116 9 307 7 984 6 961 Period 29 25 066 21 844 19 188 16 984 15 141 13 591 12 278 11 158 10 1989 370 8 022 6 983 Period 30 25 808 22 396 19 600 17 292 15 372 13 765 12 409 11 258 10 274 9 427 8 055 7 003 Period 40 32 835 27 355 23 115 19 793 17 159 15 046 13 332 11 925 10 757 9 779 8 244 7 105 Period 50 39 196 31 424 25 730 21 482 18 256 15 762 13 801 12 233 10 962 9 915 8 304 7 133 6 514 6 136 6 534 6 152 5 480 4 956 5 492 4 964 5 502 4 970 5 510 4 975 5 517 4 979 6 551 6 166 6 177 6 566 6 642 6 233 5 548 4 997 6 661 6 246 5 554 4 999 Print Done X Reference Future Value of Ordinary Annuity of $1 15 1 000 2 150 1 2 3 4 5 6 7 8 9 10 12 14 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 2 010 2 020 2 030 2 040 2 050 2 060 2070 2 080 2 090 2 100 2 1202 140 3 030 3 060 3 091 3 122 3 153 3 184 3 215 3 246 3 278 3 310 3 374 3 440 4 060 4 122 4 184 4 246 4 310 4 375 4 440 4 506 4 573 4 641 4 779 4 921 5 101 5 204 5 309 5 416 5 526 5 637 5 7515 867 5 985 6 105 6 353 6 610 3 473 4 993 6 742 6 152 6 308 6 468 6 633 6 802 6 975 7 1537 3367 523 7 716 7 214 7 434 7 662 7 898 8 142 8 394 8 654 8 923 9 200 9 487 8 286 8 5838 8929 214 9 549 9 897 10 260 10 64 11 03 11 44 9 369 9 755 10 16 10 58 11 03 11 49 11 98 12 49 13 02 13 58 10 46 10 95 11 46 12 01 12 58 13 18 13 82 14 49 15 1915 94 8 115 8 536 8 754 10 09 10 73 11 07 12 30 13 23 13 73 14 78 16 09 16 79 17 55 19 34 20 30 11 57 12 17 12 81 13 49 14 21 12 68 13 41 14 19 15 03 15 92 13 81 14 68 15 62 16 63 17 71 14 95 15 97 17 0918 29 19 60 16 10 17 29 18 60 20 02 21 58 14 97 15 78 16 65 17 56 18 53 20 65 23 04 24 35 16 87 17 89 18 98 20 14 21 38 24 13 27 27 29 00 18 88 20 14 21 50 22 95 24 52 28 03 32 09 34 35 21 02 22 55 24 21 26 02 27 98 32 39 37 58 40 50 23 28 25 13 27 15 29 36 31 77 37 28 43 84 47 58 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 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 Period 40 Period 50 17 26 18 64 20 16 21 82 23 66 25 67 18 43 20 01 21 76 23 70 25 84 28 21 19 61 21 41 23 41 25 65 28 13 30 91 20 81 22 84 25 12 27 67 30 54 33 76 22 02 24 30 26 87 29 78 33 07 36 79 27 89 30 32 33 00 35 95 42 75 50 98 55 72 30 84 33 75 36 97 40 54 48 88 59 12 65 08 34 00 37 45 41 30 45 60 55 75 68 39 75 84 37 38 41 45 46 02 51 16 63 44 78 97 88 21 41 00 45 76 51 16 57 28 72 05 91 02 102 4 23 24 25 78 28 68 31 97 35 72 39 99 44 87 50 42 56 76 64 00 81 70 104 8 118 8 24 47 27 30 30 5434 25 38 51 43 39 49 01 55 46 62 87 71 40 92 50 120 4 137 6 25 72 28 85 32 45 36 62 41 43 47 00 53 4460 89 69 53 79 54 104 6 138 3 159 3 26 97 30 42 34 43 39 08 44 50 50 82 58 18 66 76 76 79 88 50 118 2 158 7184 2 28 24 32 03 36 4641 65 47 73 54 86 63 25 73 11 84 70 98 35 133 3 181 9 212 8 29 53 33 67 38 55 44 31 51 11 59 16 30 82 35 34 40 71 47 08 54 67 63 71 32 13 37 05 42 93 49 97 58 40 68 53 33 45 38 79 45 22 52 97 62 32 73 64 34 78 40 57 47 58 56 08 66 44 79 06 68 68 79 95 93 32 109 2 150 3 208 3 245 7 74 48 87 35 102 7 121 1 169 4 238 5 283 6 80 70 95 34 113 0 134 2 190 7 272 9 327 1 87 35 104 0 124 1 148 6 214 6 312 1 377 2 94 46 113 3 136 3 164 5 241 3 356 8 434 7 154 8 199 6 259 1 337 9442 6 767 1 1,342 1,779 48 8960 40 75 40 95 03 120 8 64 46 84 58 112 8 152 7209 3 290 3 406 5 573 8 815 1 1,164 2,400 4,995 7,218 Print Done Reference X Present Value of $1 5 8 9 10 12 14 7 0 935 0 917 0 877 0 926 0 857 0 873 0 842 0 909 0 893 0 826 0 797 0 751 0 712 0 769 15 16 18 20 0 870 0 862 0 847 0 833 0 756 0 743 0 7180 694 0 658 0 641 0 609 0 579 0 572 0 552 0 516 0 482 0 497 0 476 0 437 0 402 0 816 0 794 0 772 0 675 0 763 0 708 0 683 0 636 0 592 0 735 0 681 0 713 0 650 0 621 0 567 0 519 0 666 0 630 0 596 0 456 0 623 0 547 0 400 0 583 0 540 0 582 0 502 0 564 0 507 0 513 0 452 0 467 0 404 0 424 0 361 0 386 0 322 0 351 0 432 0 410 0 370 0 335 0 376 0 354 0 3140 279 0 327 0 305 0 266 0 233 0 284 0 263 0 225 0 194 0 247 0 227 0 191 0 162 0 544 0 500 0 460 0 308 0 508 0 463 0 422 0 270 0 475 0 444 0 429 0 397 0 368 0 415 0 215 0 195 0 162 0 135 0 187 0 168 0 137 0 112 0 163 0 145 0 116 0 093 0 141 0 125 0 099 0 078 0 123 0 108 0 084 0 065 0 388 0 340 0 362 0 315 Periods 1 2 3 4 6 Period 1 0 990 0 980 0 971 0 962 0 952 0 943 Period 2 0 980 0 961 0 943 0 925 0 907 0 890 Period 3 0 971 0 942 0 915 0 889 0 864 0 840 Period 4 0 961 0 924 0 888 0 855 0 823 0 792 Period 5 0 951 0 906 0 863 0 822 0 784 0 747 Period 6 0 942 0 888 0 837 0 790 0 746 0 705 Period 7 0 933 0 871 0 813 0 760 0 711 0 665 Period 8 0 923 0 853 0 789 0 731 0 677 0 627 Period 9 0 914 0 837 0 766 0 703 0 645 0 592 Period 10 0 905 0 820 0 744 0 676 0 614 0 558 Period 11 0 896 0 804 0 722 0 650 0 585 0 527 Period 12 0 887 0 788 0 701 0 625 0 557 0 497 Period 13 0 879 0 773 0 681 0 601 0 530 0 469 Period 14 0 870 0 758 0 661 0 577 0 505 0 442 Period 15 0 861 0 743 0 642 0 555 0 481 0 417 Period 16 0 853 0 728 0 623 0 534 0 458 0 394 Period 17 0 844 0 714 0 605 0 513 0 436 0 371 Period 18 0 836 0 700 0 587 0 494 0 416 0 350 Period 19 0 828 0 686 0 570 0 475 0 396 0 331 Period 20 0 820 0 673 0 554 0 456 0 377 0 312 Period 21 0 811 0 660 0 538 0 439 0 359 0 294 Period 22 0 803 0 647 0 522 0 422 0 342 0 278 Period 23 0 795 0 634 0 507 0 406 0 326 0 262 Period 24 0 788 0 622 0 492 0 390 0 310 0 247 Period 25 0 780 0 610 0 478 0 375 0 295 0 233 Period 26 0 772 0 598 0 464 0 361 0 281 0 220 Period 27 0 764 0 586 0 450 0 347 0 268 0 207 Period 28 0 757 0 574 0 437 0 333 0 255 0 196 Period 29 0 749 0 563 0 424 0 321 0 243 0 185 Period 30 0 742 0 552 0 412 0 308 0 231 0 174 Period 40 0 672 0 453 0 307 0 208 0 142 0 097 Period 50 0 608 0 372 0 228 0 141 0 087 0 054 0 388 0 350 0 287 0 237 0 356 0 319 0 257 0 208 0 326 0 290 0 229 0 182 0 299 0 263 0 205 0 160 0 275 0 239 0 183 0 140 0 252 0 218 0 163 0 123 0 231 0 198 0 146 0 108 0 212 0 180 0 130 0 095 0 194 0 164 0 116 0 083 0 178 0 149 0 104 0 073 0 339 0 292 0 317 0 296 0 270 0 250 0 232 0 215 0 107 0 093 0 071 0 054 0 093 0 080 0 060 0 045 0 081 0 069 0 051 0 038 0 070 0 060 0 043 0 031 0 061 0 051 0 037 0 026 0 277 0 258 0 242 0 199 0 226 0 211 0 184 0 170 0 158 0 146 0 197 0 184 0 164 0 135 0 093 0 064 0 053 0 044 0 031 0 022 0 150 0 123 0 083 0 056 0 046 0 038 0 026 0 018 0 138 0 112 0 074 0 049 0 040 0 033 0 022 0 015 0 126 0 102 0 066 0 043 0 035 0 028 0 019 0 013 0 116 0 092 0 059 0 038 0 030 0 024 0 016 0 010 0 106 0 084 0 053 0 033 0 025 0 021 0 014 0 009 0 098 0 076 0 047 0 029 0 023 0 018 0 011 0 007 0 090 0 069 0 042 0 026 0 0200 016 0 010 0 006 0 082 0 063 0 037 0 022 0 017 0 014 0 008 0 005 0 075 0 057 0 033 0 020 0 015 0 012 0 007 0 004 0 172 0 135 0 161 0 125 0 116 0 150 0 141 0 107 0 131 0 099 0 067 0 046 0 032 0 022 0 011 0 005 0 004 0 003 0 001 0 001 0 034 0 021 0 013 0 009 0 003 0 001 0 001 0 001 Print Done X Reference Future Value of $1 1 2 3 4 1 020 1 040 1 010 1 020 1 030 1 040 1 082 5 6 7 8 9 10 1 050 1 060 1 070 1 080 1 090 1 100 1 103 1 1241 145 1 166 1 1881 210 1 158 1 191 1 225 1 260 1 295 1 331 1 216 1 262 1 311 1 360 1 412 1 464 1 276 1 338 1 403 1 469 1 539 1 611 1 030 1 061 1 093 1 126 1 159 12 14 15 1 120 1 140 1 150 1 254 1 300 1 323 1 405 1 482 1 521 1 574 1 689 1 749 1 762 1 925 2 011 1 061 1 125 1 170 1 041 1 051 1 082 1 104 1 217 1 062 1 126 1 149 1 072 1 083 1 172 1 094 1 195 1 105 1 219 1 194 1 265 1 340 1 419 1 501 1 587 1 677 1 772 1 974 2 195 2 313 1 230 1 316 1 407 1 504 1 606 1 714 1 828 1 949 2 211 2 502 2 660 1 267 1 369 1 477 1 594 1 718 1 851 1 993 2 144 2 476 2 853 3 059 1 305 1 423 1 551 1 689 1 838 1 999 2 1722358 2 773 3 252 3 518 1 344 1 480 1 629 1 791 1 967 2 159 2 367 2 594 3 106 3 707 4 046 1 384 1 539 1 710 1 898 2 105 2332 2 580 2 853 3 479 4 2264 652 1 426 1 601 1 796 2 012 2 252 2 518 2 813 3 138 3 896 4 818 5 350 1 469 1 665 1 886 2 133 2 410 2 720 3 066 3 452 4 363 5 492 6 153 1 513 1 732 1 980 2 261 2 579 2 937 3 342 3 798 4 887 6 261 7 076 1 558 1 801 2 079 2 3972 759 3 172 3 642 4 177 5 474 7 1388 137 1 116 1 127 1 138 1 243 1 268 1 294 1 149 1 161 1 319 1 346 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 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 Period 40 Period 50 1 173 1 184 1 196 1 208 1 220 1 232 1 245 1 257 1 373 1 605 1 873 2 183 2 540 2 952 3 426 3 970 4 595 6 130 8 1379 358 1 400 1 653 1 948 2 292 2 693 3 159 3 700 4 328 5 054 6 866 9 276 10 76 1 428 1 702 2 026 2407 2 854 3 380 3 996 4 717 5 560 7 690 10 58 12 38 1 457 1 754 2 107 2 527 3 026 3 617 4 316 5 142 6 116 8 613 12 06 14 23 1 486 1 806 2 191 2 653 3 207 3 870 4 661 5 604 6 727 9 646 13 74 16 37 1 516 1 860 2 279 2 786 3 400 4 1415 034 6 1097 400 10 80 15 67 18 82 1 546 1 916 2 370 2 925 3 604 4 430 5 437 6 659 8 140 12 10 17 86 21 64 1 577 1 974 2 465 3 0723 820 4 741 5 871 7 258 8 954 13 55 20 36 24 89 1 608 2 033 2 563 3 225 4 049 5 0726 341 7 911 9 850 15 18 23 21 28 63 1 641 2 094 2 666 3 386 4 292 5 427 6 848 8 623 10 83 17 00 26 46 32 92 1 673 2 157 2772 3 556 4 549 5 8077 396 9 399 11 92 19 04 30 17 37 86 1 707 2 221 2 883 3 733 4 822 6 214 7 988 10 25 13 11 21 32 34 39 43 54 1 741 2 288 2 999 3 920 5 112 6 649 8 627 11 17 14 42 23 88 39 20 50 07 1 776 2 357 3 119 4 116 5 418 7 114 9 317 12 17 15 86 26 75 44 69 57 58 1 811 2 427 3 243 4 322 5 743 7 612 10 06 13 27 17 45 29 96 50 95 66 21 1 270 1 282 1 295 1 308 1 321 1 335 1 348 1 489 2208 3 262 4 801 7 040 10 29 14 97 21 72 31 41 45 26 93 05 188 9 267 9 1 645 2 692 4 384 7 107 11 47 18 42 29 46 46 90 74 36 117 4 289 0 700 21,084 Print Done Requirements 1 Compute the payback, the ARR, the NPV, the IRR, and the profitability index of this investment 2 Recommend whether the company should invest in this project Print Done This Question 9 pts 21 of 22 (0 complete) This Test 75 pts possib Water City is considering purchasing a water park in Omaha, Nebraska, for $1,920,000 The new facility will generate annual net cash inflows of $472,000 for eight years Engineers estimate that the facility will remain useful for eight years and have no residual value The company uses straight line depreciation, and its stockholders demand an annual return of 12 on investments of this nature 3 (Click the icon to view the Present Value of $1 table ) 2 (Click the icon to view Present Value of Ordinary Annuity of $1 table ) (Click the icon to view Future Value of $1 table ) (Click the icon to view Future Value of Ordinary Annuity of $1 table ) Read the requirements Requirement 1 Compute the payback, the ARR, the NPV, the IRR, and the profitability index of this investment First, determine the formula and calculate payback (Round your answer to one decimal place, X X ) Payback years Next, determine the formula and calculate the accounting rate of return (ARR) (Round the percentage to the nearest tenth percent, X X ) ARR Calculate the net present value (NPV) (Enter any factor amounts to three decimal places, X XXX ) Net Cash Annuity PV Factor Present Years Inflow (i 12 , n 8) Value 1 8 Present value of annuity 0 Investment Net present value of the investment The IRR (internal rate of return) is between Finally, determine the formula and calculate the profitability index (Round your answer to two decimal places, X XX ) Profitability index Requirement 2 Recommend whether the company should invest in this project Recommendation Water City invest in the project because the payback period is the operating life, the NPV is the profitability index is one, and the ARR and IRR are the company's required rate of return

Question

X Reference Present Value of Ordinary Annuity of $1 1  2  3  69 15  16  18  20  0 990 0 971 0 862 0 847 0 833 0 980 1 942 0 870 1 626 1 970 1 913 1 605 1 566 1 528 Periods Period 1 Period 2 Period 3 Period 4 Period 5 8  9  10  12  14  0 926 0 9170 909 0 893 0 877 1 783 1 759 1 736 1 690 1 647 2 577 2531 2 487 2 4022322 3 3123 240 3 170 3 037 2 914 3 993 3 890 3 791 3 605 3 433 2 941 2 884 2 829 2 283 2 246 2 798 3 717 2 855 3 902 3 808 4 853 4 713 4  5    7  0 962 0 952 0 943 0 935 1 886 1 859 1 833 1 808 2 775 2 723 2 673 2 624 3 630 3 546 3 465 3 387 4 452 4 329 4 212 4 100 5 242 5 076 4 917 4 767 6 002 5 786 5 582 5 389 6 733 6 463 6 210 5 971 7 435   7 108 6 802 6 515 8 111 7 722 7 360 7 024 2 174 2 106 2 690 2 589 3 127 2 991 4 580 3 352 3 274 5 417 3 685 3 784 4 160 Period 6 Period 7 Period 8 Period 9 Period 10 5 795 5 601 6 728 6 472 7 652 7 325 8 566 8 162 9 471 8 983 4 623 4 4864 355 4 111 3 889 5 206 5 033 4 868 4 564 4 288 5 747 5 535 5 335 4 968 4 639 6 247 5 9955 759 5 328 4 946 6 710 6 418 6 145 5 650 5 216 6 230 7 020 7 786 8 530 4 487 4 039 4 344 4 607 3 498 3 326 3 812 3 605 4 078 3 837 4 303 4 031 4 494 4 192 4 772 5 019 4 833 5 234 5 421 5 583 5 029 4 656 4 327 5 197 4 793 4439 5 342 4910 4 533 5 468 5 008 4 611 5 575 5 092 4 675 5 724 5 847 Period 11 10 368 9 787 9 253 8 760 8 306 7 887 7 499 7 139 6 805 6 495 5 938 5 453 Period 12 11 255 10 575 9 954 9 385 8 863 8 384 7 943 7 5367 1616 814 6 194 5 660 Period 13 12 134 11 348 10 635 9 986 9 394 8 853 8 358 7 904 7 487 7 103 6 424 5 842 Period 14 13 004 12 106 11 296 10 563 9 899 9 295 8 745 8 244 7 786 7 367 6 628 6 002 Period 15 13 865 12 849 11 938 11 118 10 380 9 712 9 108 8 559 8 061 7 606 6 811 6 142 Period 16 14 718 13 578 12 561 11 652 10 838 10 106 9 447 8 851 8 313 7 824 6 9746 265 Period 17 15 562 14 292 13 166 12 166 11 274 10 4771 9 763 9 122 8 544 8 022 7 1206 373 Period 18 16 398 14 992 13 754 12 659 11 690 10 828 10 059 9 372 8 756 8 201 7 250 6 467 Period 19 17 226 15 678 14 324 13 134 12 085 11 158 10 336 9 604 8 950 8 365 7 366 6 550 Period 20 18 046 16 351 14 877 13 590 12 462 11 470 10 594 9 818 9 129 8 5147 469 6 623 5 954 5 669 6 047 6 128 5 749 5 818 5 877 5 162 4 730 5 222 4 775 5 273 4 812 5 316 4 844 5 353 4 870 6 198 6 259 5 929 6 312 5 973 6 359 6 011 6 399 6 044 5 384 4 891 5 410 4 909 5 432 4 925 5 451 4 937 5 467 4 948 6 434 6 073 7 843 6 873 6 464 6 097 7 896 6 906 6 491 6 118 Period 21 18 857 17 011 15 415 14 029 12 821 11 764 10 836 10 0179 292 8 649 7 5626 687 Period 22 19 660 17 658 15 937 14 451 13 163 12 042 11 061 10 2019 442 8 772 7 645 6 743 Period 23 20 456 18 292 16 444 14 857 13 489 12 303 11 272 10 371 9 5808 883 7 718 6 792 Period 24 21 243 18 914 16 936 15 247 13 799 12 550 11 469 10 529 9 707 8 9857 784 6 835 Period 25 22 023 19 523 17 413 15 622 14 094 12 783 11 654 10 675 9 8239 077 Period 26 22 795 20 121 17 877 15 983 14 375 13 003 11 826 10 8109 929 9 161 Period 27 23 560 20 707 18 327 16 330 14 643 13 211 11 987 10 935 10 027 9 237 7 9436 935 Period 28 24 316 21 28118 764 16 663 14 898 13 406 12 137 11 051 10 116 9 307 7 984 6 961 Period 29 25 066 21 844 19 188 16 984 15 141 13 591 12 278 11 158 10 1989 370 8 022 6 983 Period 30 25 808 22 396   19 600 17 292 15 372 13 765 12 409 11 258 10 274 9 427 8 055 7 003 Period 40 32 835 27 355 23 115 19 793 17 159 15 046 13 332 11 925 10 757 9 779 8 244 7 105 Period 50 39 196   31 424 25 730 21 482 18 256 15 762 13 801 12 233 10 962 9 915 8 304 7 133 6 514 6 136 6 534 6 152 5 480 4 956 5 492 4 964 5 502 4 970 5 510 4 975 5 517 4 979 6 551 6 166 6 177 6 566 6 642 6 233 5 548 4 997 6 661 6 246 5 554 4 999 Print Done   X Reference Future Value of Ordinary Annuity of $1 15  1 000 2 150 1  2  3  4  5  6  7  8  9  10  12  14  1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 2 010 2 020 2 030 2 040 2 050 2 060 2070 2 080 2 090 2 100 2 1202 140 3 030 3 060 3 091 3 122 3 153 3 184 3 215 3 246 3 278 3 310 3 374 3 440 4 060 4 122 4 184 4 246 4 310 4 375 4 440 4 506 4 573 4 641 4 779 4 921 5 101 5 204 5 309 5 416 5 526 5 637 5 7515 867 5 985 6 105 6 353 6 610 3 473 4 993 6 742 6 152 6 308 6 468 6 633 6 802 6 975 7 1537 3367 523 7 716 7 214 7 434 7 662 7 898 8 142 8 394 8 654 8 923 9 200 9 487 8 286 8 5838 8929 214 9 549 9 897 10 260 10 64 11 03 11 44 9 369 9 755 10 16 10 58   11 03 11 49 11 98 12 49 13 02 13 58 10 46 10 95 11 46 12 01 12 58 13 18 13 82 14 49 15 1915 94 8 115 8 536 8 754 10 09 10 73 11 07 12 30 13 23 13 73 14 78 16 09 16 79 17 55   19 34 20 30 11 57 12 17 12 81 13 49 14 21 12 68 13 41 14 19 15 03 15 92 13 81 14 68   15 62 16 63 17 71 14 95 15 97 17 0918 29 19 60 16 10 17 29 18 60 20 02 21 58 14 97 15 78 16 65 17 56 18 53 20 65 23 04 24 35 16 87 17 89 18 98 20 14 21 38 24 13 27 27 29 00 18 88 20 14 21 50 22 95 24 52 28 03 32 09 34 35 21 02 22 55 24 21 26 02 27 98 32 39 37 58 40 50 23 28 25 13 27 15 29 36 31 77 37 28 43 84 47 58 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 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 Period 40 Period 50 17 26 18 64 20 16 21 82 23 66 25 67 18 43 20 01 21 76 23 70   25 84 28 21 19 61 21 41 23 41 25 65   28 13 30 91 20 81 22 84 25 12 27 67 30 54 33 76 22 02 24 30 26 87 29 78 33 07 36 79 27 89 30 32   33 00 35 95 42 75 50 98 55 72 30 84 33 75 36 97 40 54 48 88 59 12 65 08 34 00 37 45   41 30 45 60 55 75 68 39 75 84 37 38 41 45 46 02 51 16 63 44   78 97 88 21 41 00 45 76 51 16 57 28 72 05 91 02 102 4 23 24 25 78 28 68 31 97 35 72 39 99 44 87 50 42 56 76 64 00 81 70 104 8 118 8 24 47 27 30 30 5434 25 38 51 43 39 49 01 55 46 62 87 71 40 92 50 120 4 137 6 25 72 28 85 32 45 36 62 41 43 47 00 53 4460 89 69 53 79 54 104 6 138 3 159 3 26 97 30 42 34 43 39 08 44 50 50 82 58 18 66 76 76 79 88 50 118 2 158 7184 2 28 24 32 03 36 4641 65 47 73 54 86 63 25 73 11 84 70 98 35   133 3 181 9 212 8 29 53 33 67 38 55 44 31 51 11 59 16 30 82 35 34 40 71 47 08 54 67 63 71 32 13 37 05 42 93 49 97   58 40 68 53 33 45 38 79 45 22 52 97 62 32 73 64 34 78 40 57 47 58 56 08 66 44 79 06 68 68   79 95   93 32 109 2 150 3 208 3 245 7 74 48 87 35 102 7 121 1 169 4   238 5 283 6 80 70 95 34 113 0 134 2 190 7 272 9 327 1 87 35 104 0 124 1 148 6 214 6 312 1 377 2 94 46 113 3 136 3 164 5 241 3 356 8 434 7 154 8 199 6 259 1 337 9442 6 767 1 1,342 1,779 48 8960 40 75 40 95 03   120 8 64 46 84 58 112 8 152 7209 3 290 3 406 5 573 8 815 1 1,164 2,400 4,995 7,218 Print Done Reference   X Present Value of $1 5  8  9  10  12  14  7  0 935 0 917 0 877 0 926 0 857 0 873 0 842 0 909 0 893 0 826 0 797 0 751 0 712 0 769 15  16  18  20  0 870 0 862 0 847 0 833 0 756 0 743 0 7180 694 0 658 0 641 0 609 0 579 0 572 0 552 0 516 0 482 0 497 0 476 0 437 0 402 0 816 0 794 0 772 0 675 0 763 0 708 0 683 0 636 0 592 0 735 0 681 0 713 0 650 0 621 0 567 0 519 0 666 0 630 0 596 0 456 0 623 0 547 0 400 0 583 0 540 0 582 0 502 0 564 0 507 0 513 0 452 0 467 0 404 0 424 0 361 0 386 0 322 0 351 0 432 0 410 0 370 0 335 0 376 0 354 0 3140 279 0 327 0 305 0 266 0 233 0 284 0 263 0 225 0 194 0 247 0 227 0 191 0 162 0 544 0 500 0 460 0 308 0 508 0 463 0 422 0 270 0 475 0 444 0 429 0 397 0 368 0 415 0 215 0 195 0 162 0 135 0 187 0 168 0 137 0 112 0 163 0 145 0 116 0 093 0 141 0 125 0 099 0 078 0 123 0 108 0 084 0 065 0 388 0 340 0 362 0 315 Periods 1  2  3  4  6  Period 1 0 990 0 980 0 971 0 962 0 952 0 943 Period 2 0 980 0 961 0 943 0 925 0 907 0 890 Period 3 0 971 0 942 0 915 0 889 0 864 0 840 Period 4 0 961 0 924 0 888 0 855 0 823 0 792 Period 5 0 951 0 906 0 863 0 822 0 784 0 747 Period 6 0 942 0 888 0 837 0 790 0 746 0 705 Period 7 0 933 0 871 0 813   0 760 0 711 0 665 Period 8 0 923 0 853 0 789 0 731 0 677 0 627 Period 9 0 914 0 837 0 766 0 703 0 645 0 592 Period 10 0 905 0 820 0 744 0 676 0 614 0 558 Period 11 0 896 0 804 0 722 0 650 0 585 0 527 Period 12 0 887 0 788 0 701 0 625 0 557 0 497 Period 13 0 879 0 773 0 681 0 601 0 530 0 469 Period 14 0 870 0 758 0 661 0 577 0 505 0 442 Period 15 0 861 0 743 0 642 0 555 0 481 0 417 Period 16 0 853 0 728 0 623 0 534 0 458 0 394 Period 17 0 844 0 714 0 605 0 513 0 436 0 371 Period 18 0 836 0 700 0 587 0 494 0 416 0 350 Period 19 0 828 0 686 0 570 0 475 0 396 0 331 Period 20 0 820 0 673 0 554 0 456 0 377 0 312 Period 21 0 811 0 660 0 538 0 439 0 359 0 294 Period 22 0 803 0 647 0 522 0 422 0 342 0 278 Period 23 0 795 0 634 0 507 0 406 0 326 0 262 Period 24 0 788 0 622 0 492 0 390 0 310 0 247 Period 25 0 780 0 610 0 478 0 375 0 295 0 233 Period 26 0 772 0 598 0 464 0 361 0 281 0 220 Period 27 0 764 0 586 0 450 0 347 0 268 0 207 Period 28 0 757 0 574 0 437 0 333 0 255 0 196 Period 29 0 749 0 563 0 424 0 321 0 243 0 185 Period 30 0 742 0 552 0 412 0 308 0 231 0 174 Period 40 0 672 0 453 0 307 0 208 0 142 0 097 Period 50 0 608 0 372 0 228 0 141 0 087 0 054 0 388 0 350 0 287 0 237 0 356 0 319 0 257 0 208 0 326 0 290 0 229 0 182 0 299 0 263 0 205 0 160 0 275 0 239 0 183 0 140 0 252 0 218 0 163 0 123 0 231 0 198 0 146 0 108 0 212 0 180 0 130 0 095 0 194 0 164 0 116 0 083 0 178 0 149 0 104 0 073 0 339 0 292 0 317 0 296 0 270 0 250 0 232 0 215 0 107 0 093 0 071 0 054 0 093 0 080   0 060 0 045 0 081 0 069 0 051 0 038 0 070 0 060 0 043 0 031 0 061 0 051 0 037 0 026 0 277 0 258 0 242 0 199 0 226 0 211 0 184 0 170 0 158 0 146 0 197 0 184 0 164 0 135 0 093 0 064 0 053 0 044 0 031 0 022 0 150 0 123 0 083 0 056 0 046 0 038 0 026 0 018 0 138 0 112 0 074 0 049 0 040 0 033 0 022 0 015 0 126 0 102 0 066 0 043 0 035 0 028 0 019 0 013 0 116 0 092 0 059 0 038 0 030 0 024 0 016 0 010 0 106 0 084 0 053 0 033 0 025 0 021 0 014 0 009 0 098 0 076 0 047 0 029 0 023 0 018   0 011 0 007 0 090 0 069 0 042 0 026 0 0200 016   0 010 0 006 0 082 0 063 0 037 0 022 0 017   0 014 0 008 0 005 0 075 0 057 0 033 0 020 0 015 0 012   0 007 0 004 0 172 0 135 0 161 0 125 0 116 0 150 0 141 0 107 0 131 0 099 0 067 0 046 0 032 0 022 0 011 0 005 0 004 0 003 0 001 0 001 0 034 0 021 0 013 0 009 0 003 0 001 0 001 0 001 Print Done   X Reference Future Value of $1 1  2  3  4  1 020 1 040 1 010 1 020 1 030 1 040 1 082 5  6  7  8  9  10  1 050 1 060 1 070 1 080 1 090 1 100 1 103 1 1241 145 1 166 1 1881 210 1 158 1 191 1 225 1 260 1 295   1 331 1 216 1 262 1 311 1 360 1 412 1 464 1 276 1 338 1 403 1 469 1 539 1 611 1 030 1 061 1 093 1 126 1 159 12  14  15  1 120 1 140 1 150 1 254 1 300 1 323 1 405 1 482 1 521 1 574 1 689 1 749 1 762 1 925 2 011 1 061 1 125 1 170 1 041 1 051 1 082 1 104 1 217 1 062 1 126 1 149 1 072 1 083 1 172 1 094 1 195 1 105 1 219 1 194 1 265 1 340 1 419 1 501 1 587 1 677 1 772 1 974 2 195 2 313 1 230 1 316 1 407 1 504 1 606 1 714 1 828 1 949 2 211 2 502 2 660 1 267 1 369 1 477 1 594 1 718 1 851 1 993 2 144 2 476 2 853 3 059 1 305 1 423 1 551 1 689 1 838 1 999 2 1722358 2 773 3 252 3 518 1 344 1 480 1 629 1 791 1 967 2 159 2 367 2 594 3 106 3 707 4 046 1 384 1 539 1 710 1 898 2 105 2332 2 580 2 853 3 479 4 2264 652 1 426 1 601 1 796 2 012 2 252 2 518 2 813 3 138 3 896 4 818 5 350 1 469 1 665 1 886 2 133 2 410 2 720 3 066 3 452 4 363 5 492 6 153 1 513 1 732 1 980 2 261 2 579 2 937 3 342 3 798 4 887 6 261 7 076 1 558 1 801 2 079 2 3972 759 3 172 3 642 4 177 5 474 7 1388 137 1 116 1 127 1 138 1 243 1 268 1 294 1 149 1 161 1 319 1 346 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 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 Period 40 Period 50 1 173 1 184 1 196 1 208 1 220 1 232 1 245 1 257 1 373 1 605 1 873 2 183 2 540 2 952 3 426 3 970 4 595 6 130 8 1379 358 1 400 1 653 1 948 2 292 2 693 3 159 3 700 4 328 5 054 6 866 9 276 10 76 1 428 1 702 2 026 2407 2 854 3 380 3 996 4 717 5 560 7 690 10 58 12 38 1 457 1 754 2 107 2 527 3 026 3 617 4 316 5 142 6 116 8 613 12 06 14 23 1 486 1 806 2 191 2 653 3 207 3 870 4 661 5 604 6 727 9 646 13 74 16 37 1 516 1 860 2 279 2 786 3 400 4 1415 034 6 1097 400 10 80 15 67 18 82 1 546 1 916 2 370 2 925 3 604 4 430 5 437 6 659 8 140 12 10 17 86 21 64 1 577 1 974 2 465 3 0723 820 4 741 5 871 7 258 8 954 13 55 20 36 24 89 1 608 2 033 2 563 3 225 4 049   5 0726 341 7 911 9 850 15 18 23 21 28 63 1 641 2 094 2 666 3 386 4 292 5 427 6 848 8 623 10 83 17 00 26 46   32 92 1 673 2 157 2772 3 556 4 549 5 8077 396 9 399 11 92 19 04 30 17   37 86 1 707 2 221 2 883 3 733 4 822 6 214 7 988 10 25 13 11 21 32 34 39 43 54 1 741 2 288 2 999 3 920 5 112 6 649 8 627 11 17 14 42 23 88 39 20 50 07 1 776 2 357 3 119 4 116 5 418 7 114 9 317 12 17 15 86 26 75 44 69 57 58 1 811 2 427 3 243 4 322 5 743 7 612 10 06 13 27 17 45 29 96 50 95   66 21 1 270 1 282 1 295 1 308 1 321 1 335 1 348 1 489 2208 3 262 4 801 7 040 10 29 14 97 21 72 31 41 45 26 93 05 188 9 267 9 1 645 2 692 4 384 7 107 11 47 18 42 29 46 46 90 74 36 117 4 289 0 700 21,084 Print Done Requirements   1  Compute the payback, the ARR, the NPV, the IRR, and the profitability index of this investment 2  Recommend whether the company should invest in this project  Print Done This Question  9 pts 21 of 22 (0 complete) This Test  75 pts possib Water City is considering purchasing a water park in Omaha, Nebraska, for $1,920,000  The new facility will generate annual net cash inflows of $472,000 for eight years  Engineers estimate that the facility will remain useful for eight years and have no residual value  The company uses straight line depreciation, and its stockholders demand an annual return of 12  on investments of this nature  3 (Click the icon to view the Present Value of $1 table ) 2 (Click the icon to view Present Value of Ordinary Annuity of $1 table ) (Click the icon to view Future Value of $1 table ) (Click the icon to view Future Value of Ordinary Annuity of $1 table ) Read the requirements Requirement 1  Compute the payback, the ARR, the NPV, the IRR, and the profitability index of this investment First, determine the formula and calculate payback  (Round your answer to one decimal place, X X )   Payback years Next, determine the formula and calculate the accounting rate of return (ARR)  (Round the percentage to the nearest tenth percent, X X  )   ARR   Calculate the net present value (NPV)  (Enter any factor amounts to three decimal places, X XXX ) Net Cash Annuity PV Factor Present Years Inflow (i 12 , n 8) Value 1 8 Present value of annuity 0 Investment Net present value of the investment The IRR (internal rate of return) is between Finally, determine the formula and calculate the profitability index  (Round your answer to two decimal places, X XX )   Profitability index Requirement 2  Recommend whether the company should invest in this project  Recommendation  Water City invest in the project because the payback period is the operating life, the NPV is the profitability index is one, and the ARR and IRR are the company's required rate of return

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Question

- X Reference Present Value of Ordinary Annuity of $1 1% 2% 3% 69 15% 16% 18% 20% 0.990 0.971 0.862 0.847 0.833 0.980 1.942

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