Chrome File Edit View History Bookmarks Profiles Tab Window Help 8 1 $ 7 ) 94% Wed 10:25 AM Dave Barr QE ... WP ACC-650 TOPIC 6 Assignment x We NWP Assessment Player UI Ap| X Course Hero X + C A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=4cc61490-e684-4800-ad4c-bge03ea34aed#/question/3 Update : - ACC-650 TOPIC 6 Assignment Question 4 of 12 - 14 3 : Current Attempt in Progress Grouper's Lawn Service needs to purchase a new lawnmower costing $8,696 to replace an old lawnmower that cannot be repaired. The new lawnmower is expected to have a useful life of 4 years, with no salvage value at the end of that period. Click here to view the factor table. (a) If Grouper's required rate of return is 12%, what level of annual cash savings must the lawnmower generate to be considered an acceptable investment under the net present value method? (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to O decimal place, e.g. 58,971.) Annual cash savings should be $ (b) If Grouper's required rate of return is 13%, what level of annual cash savings must the lawnmower generate to be considered an acceptable investment under the net present value method? (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to O decimal place, e.g. 58,971.) Annual cash savings should be $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer O YEd x 6 14-2.j tv O