Question: for the problem, it says to use PV tables. the last 4 pictures are what was given. if you could indicate which PV table you

for the problem, it says to use PV tables. the last 4 pictures are what was given. if you could indicate which PV table you used and show your work that would be great!!

you used and show your work that would be great!! V =

Cullumber Corporation is reviewing an investment proposal. The initial cost is $103,700.

Estimates of the book value of the investment at the end of

each year, the net cash flows for each year, and the net

V = Cullumber Corporation is reviewing an investment proposal. The initial cost is $103,700. Estimates of the book value of the investment at the end of each year, the net cash flows for each year, and the net income for each year are presented in the following schedule. All cash flows are assumed to take place at the end of the year. The salvage value of the investment at the end of each year is assumed to equal its book value. There would be no salvage value at the end of the investment's life Investment Proposal Annual Book Value Cash Flows Annual Net Income Year 1 $70,500 $45,200 $12,000 2 43,000 40.500 13,000 3 21.900 36,000 14.900 4 7,400 30,400 15,900 S 0 24.190 16,790 Cullumber Corporation uses an 11% target rate of return for new investment proposals. Click here to view PV table (a) What is the cash payback period for this proposal? (Round answer to 2 decimal places, eg. 10.50.) (a) What is the cash payback period for this proposal? (Round answer to 2 decimal places, eg. 10.50.) Cash payback period years (b) What is the annual rate of return for the investment? (Round answer to 2 decimal places, eg. 10.50%.) Annual rate of return for the investment % (c) What is the net present value of the investment? (If the net present value is negative, use either a negative sign preceding the number 6.3. -45 or parentheses eg (45). Round answer to 0 decimal places, eg. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value $ TABLE 1 Future Value of 1 5% 6% 8% 9 11% (n) Periods 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 4% 1.00000 1.04000 1.08160 1.12486 1.16986 1.21665 1.26532 1.31593 1.36857 1.42331 1.48024 1.53945 1.60103 1.66507 1.73168 1.80094 1.87298 1.94790 2.02582 2.10685 2.19112 1.00000 1.05000 1.10250 1.15763 1.21551 1.27628 1.34010 1.40710 1.47746 1.55133 1.62889 1.71034 1.79586 1.88565 1.97993 2.07893 2.18287 2.29202 2.40662 2.52695 2.65330 1.00000 1.06000 1.12360 1.19102 1.26248 1.33823 1.41852 1.50363 1.59385 1.68948 1.79085 1.89830 2.01220 2.13293 2.26090 2.39656 2.54035 2.69277 2.85434 3.02560 3.20714 7% 1.00000 1.07000 1.14490 1.22504 1.31080 1.40255 1.50073 1.60578 1.71819 1.83846 1.96715 2.10485 2.25219 2.40985 2.57853 2.75903 2.95216 3.15882 3.37993 3.61653 3.86968 1.00000 1.08000 1.16640 1.25971 1.36049 1.46933 1.58687 1.71382 1.85093 1.99900 2.15892 2.33164 2.51817 2.71962 2.93719 3.17217 3.42594 3.70002 3.99602 4.31570 4.66096 1.00000 1.09000 1.18810 1.29503 1.41158 1.53862 1.67710 1.82804 1.99256 2.17189 2.36736 2.58043 2.81267 3.06581 3.34173 3.64248 3.97031 4.32763 4.71712 5.14166 5.60441 10% 1.00000 1.10000 1.21000 1.33100 1.46410 1.61051 1.77156 1.94872 2.14359 2.35795 2.59374 2.85312 3.13843 3.45227 3.79750 4.17725 4.59497 5.05447 5.55992 6.11591 6.72750 1.00000 1.11000 1.23210 1.36763 1.51807 1.68506 1.87041 2.07616 2.30454 2.55803 2.83942 3.15176 3.49845 3.88328 4,31044 4.78459 5.31089 5.89509 6.54355 7.26334 8.06231 12% 15% 1.00000 1.00000 1.12000 1.15000 1.25440 1.32250 1.40493 1.52088 1.57352 1.74901 1.76234 2.01136 1.97382 2.31306 2.21068 2.66002 2.47596 3.05902 2.77308 3.51788 3.10585 4.04556 3.47855 4.65239 3.89598 5.35025 4.36349 6.15279 4.88711 7.07571 5.47357 8.13706 6.13039 9.35762 6.86604 10.76126 7.68997 12.37545 8.61276 14.23177 9.64629 16.36654 TABLE 2 Future Value of an Annuity of 1 (n) Payments 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% 1 1.00000 1.00000 1.00000 1.0000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 2 2.04000 2.05000 2.06000 2.0700 2.08000 2.09000 2.10000 2.11000 2.12000 2.15000 3 3.12160 3.15250 3.18360 3.2149 3.24640 3.27810 3.31000 3.34210 3.37440 3.47250 4 4.24646 4.31013 4.37462 4.4399 4.50611 4.57313 4.64100 4.70973 4.77933 4.99338 5 5.41632 5.52563 5.63709 5.7507 5.86660 5.98471 6.10510 6.22780 6.35285 6.74238 6 6.63298 6.80191 6.97532 7.1533 7.33592 7.52334 7.71561 7.91286 8.11519 8.75374 7 7.89829 8.14201 8.39384 8.6540 8.92280 9.20044 9.48717 9.78327 10.08901 11.06680 8 9.21423 9.54911 9.89747 10.2598 10.63663 11.02847 11.43589 11.85943 12.29969 13.72682 9 10.58280 11.02656 11.49132 11.9780 12.48756 13.02104 13.57948 14.16397 14.77566 16,78584 10 12.00611 12.57789 13.18079 13.8164 14.48656 15.19293 15.93743. 16.72201 17.54874 20.30372 11 13.48635 14.20679 14.97164 15.7836 16.64549 17.56029 18.53117 19.56143 20.65458 24.34928 15.02581 15.91713 16,86994 17.8885 18.97713 20.14072 21.38428 22.71319 24.13313 29.00167 13 16.62684 17.71298 18.88214 20.1406 21.49530 22.95339 24.52271 26.21164 28.02911 34.35192 14 18.29191 19.59863 21.01507 22.5505 24.21492 y 26.01919 27.97498 30.09492 32.39260 40.50471 15 20.02359 21.57856 23.27597 25.1290 27.15211-L29.36092 31.77248 34.40536 37.27972 47.58041 16 21.82453 23.65749 25.67253 27.8881 30.32428 33.00340 35.94973 39.18995 42.75328 55.71747 17 23.69751 25.84037 28.21288 30.8402 33.75023 36.97351 40.54470 44.50084 48.88367 65.07509 18 25.64541 28.13238 30.90565 33.9990 37.45024 41.30134 45.59917 50.39593 55.7497275.83636 19 27.67123 30.53900 33.75999 37.3790 41.44626 46.01846 51.15909 56.93949 63.43968 88.21181 20 29.77808 33.06595 36.78559 40.9955 45.76196 51.16012 57.27500 64.20283 72.05244 102.44358 12 6% 8% 10% TABLE 3 Present Value of 1 (n) Periods 4% 5% 1 96154 95238 2 92456 90703 3 88900 .86384 4 85480 .82270 5 .82193 .78353 .79031 .74622 .75992 171068 8 73069 .67684 70259 .64461 10 .67556 .61391 11 64958 .58468 12 .62460 55684 13 60057 53032 14 .57748 .50507 15 55526 48102 16 53391 45811 17 51337 43630 18 49363 .41552 19 47464 39573 20 45639 .37689 +ON9M99 94340 .89000 83962 79209 .74726 .70496 .66506 .62741 .59190 .55839 52679 49697 46884 44230 .41727 .39365 37136 35034 33051 31180 7% 0.93458 0.87344 0.81630 0.76290 0.71299 0.66634 0.62275 0.58201 0.54393 0.50835 0.47509 0.44401 0.41496 0.38782 0.36245 0.33873 0.31657 0.29586 0.27615 0.25842 92593 85734 .79383 .73503 .68058 .63017 58349 54027 .50025 46319 42888 39711 36770 .34046 31524 9% 91743 .84168 77218 70843 .64993 59627 54703 50187 .46043 42241 .38753 35554 32618 .29925 27454 25187 23107 21199 19449 .17843 90909 82645 .75132 .68301 .62092 .56447 .51316 46651 42410 .38554 35049 31863. 28966 26333 23939 21763 .19785 .17986 16351 14864 11% 90090 .81162 73119 .65873 .59345 .53464 48166 .43393 39092 35218 31728 28584 25751 23199 20900 .18829 .16963 15282 13768 12403 12% .89286 79719 .71178 .63552 56743 .50663 45235 40388 36061 32197 28748 25668 22917 20462 118270 16312 14564 13004 11611 10367 15% .86957 .75614 .65752 57175 49718 .43233 37594 32690 28426 24719 21494 18691 16253 14133 .12289 10687 09293 08081 07027 06110 29189 270271 .25025 1.23171 .21455 TABLE4 Present Value of an Annuity of 1 Payments 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 4% 5% 96154 95238 1.88609 1.85941 2.77509 2.72325 3.62990 3.54595 4.45182 4.32948 5.24214 5.07569 6.00205 5.78637 6.73274 6.46321 7.43533 7.10782 8.11090 7.72173 8.76048 8.30641 9.38507 8.86325 9.98565 9.39357 10.56312 9.89864 11.11839 10.37966 11.65230 10.83777 12.16567 11.27407 12.65930 11.68959 13.13394 12.08532 13.59033 12.46221 6% 94340 1.83339 2.67301 3.46511 4.21236 4.91732 5.58238 6.20979 6.80169 7.36009 7.88687 8.38384 8.85268 9.29498 9.71225 10.10590 10.47726 10.82760 11.15812 11.46992 7% 0.93458 1.80802 2.62432 3.38721 4.10020 4.76654 5.38929 5.97130 6.51523 7.02358 7.49867 7.94269 8.35765 8.74547 9.10791 9.44665 9.76322 10.05909 10.33560 10.59401 8% 92593 1.78326 2.57710 3.31213 3.99271 4.62288 5.20637 5.74664 6.24689 6.71008 7.13896 7.53608 7.90378 8.24424 8.55948 8.85137 9.12164 9.37189 9.60360 9.81815 9% 91743 1.75911 2.53130 3.23972 3.88965 4.48592 5.03295 5.53482 5.99525 6.41766 6.80519 7.16073 7.48690 7.78615 8,06069 8.31256 8.54363 8.75563 8.95012 9,12855 10% 90909 1.73554 2.48685 3.16986 3.79079 4.35526 4.86842 5.33493 5.75902 6.14457 6.49506 6.81369 7.10336 7.36669 7.60608 7.82371 8.02155 8.20141 8.36492 8.51356 11% 12% 15% 90090 .89286 .86957 1.71252 1.69005 1.62571 2.44371 2.40183 2.28323 3.10245 3.03735 2.85498 3.69590 3.60478 3.35216 4.23054 4.11141 3.78448 4.71220 4.56376 4.16042 5.14612 4.96764 4.48732 5.53705 5.32825 4.77158 5.88923 5.650225.01877 6.20652 5.93770 5.23371 6,49236 6.19437 5.42062 6.74987 6.42355 5.58315 6.98187 6.62817 5.72448 7.19087 6.81086 5.84737 7.37916 6.97399 5.95424 7.54879 7.11963 6,04716 7.70162 7.24967 6.12797 7.83929 7.36578 6.19823 7.96333 7.46944 6.25933

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