Question: i keep getting the wrong ARR can someone please help me with this and the other requirements. Water World is considering purchasing a water park

i keep getting the wrong ARR can someone please help me with this and the other requirements.  i keep getting the wrong ARR can someone please help me
with this and the other requirements. Water World is considering purchasing a
water park in Orlando, Florida, for $2.300.000. The new facility will generate
annual no cash inflows of $515,000 for ten years Engineers estimate that
the fact of 12% or more Management uses a 14 hud useful
for ten years and have no residual value. The company uses straight

Water World is considering purchasing a water park in Orlando, Florida, for $2.300.000. The new facility will generate annual no cash inflows of $515,000 for ten years Engineers estimate that the fact of 12% or more Management uses a 14 hud useful for ten years and have no residual value. The company uses straight line depreciation is owners want payback in less than five years and an AR investments of this nature (Click the icon to view the present value annuity table) Click the loon to view the present valutable) (Click the icon to view the future value annully table) Click the icon to view the future value table) Read the resuirements Requirement 1. Compute the payback period, the ARR, the NPV, and the approximate IRR of this investment (if you use the tables to compute the IRR, answer with the closest interest rate shown in (Round the payback period to one decimal place) The payback period is 4.5 years. (Round the percentage to the nearest tenth percent.) The ARR (accounting rate of return) is 24.8 % un payuack in less than five years and an ARR of 12% Hy able.) (Click the icon to view the present value table.) ple.) (Click the icon to view the future value table.) the N i Requirements hswer 1. Compute the payback period, the ARR, the NPV, and the approximate IRR of this investment. (If you use the tables to compute the IRR, answer with the closest interest rate shown in the tables.) 2. Recommend whether the company should invest in this project. Print Done no residual value. i Reference - Engineers estir Managemer me present value a he future value and Periods 14% 16% 1% 0.990 1.970 2.941 3.902 4.853 12% 0.893 1.690 18% 0.847 20% 0.833 1.528 bayback period, the one decimal place closest intere years. VO 5.795 6.728 5.206 earest tenth perc 2% 0.980 1.942 2.884 3.808 4.713 5.601 6.472 7.325 8.162 8.983 9.787 10.575 11.348 12.106 12.849 16.351 19.523 22.396 27.356 24.8 3% 4% 0.971 0.962 1.9131.886 2.8292.775 3.717 3.630 4.580 4.452 5.417 5.242 6.230 6.002 7.020 6.733 7.786 7.435 8.530 8.111 9.253 8.760 9.954 9.385 10.6359.986 11.296 10.563 11.938 11.118 14.877 13.590 17.413 15.622 19.600 17.292 23.115 19.793 Present Value of Annuity of $1 5% 6% 8% 10% 0.952 0.943 0.926 0.909 1.859 1.833 1.783 1.736 2.723 2.673 2.577 2487 3.546 3.465 3.312 3.170 4.329 4.212 3.993 5.076 5.786 6.463 6.210 7.108 6.802 7.722 7.360 8.306 7.887 8.863 8.384 7.536 9.394 8.8537.904 9.899 9.295 8.244 10.380 9.712 8.559 7.606 12462 11.470 9.818 8.514 14.094 12.783 10.675 9.077 15.372 13.765 11.258 9.427 17.159 15.046 11.925 9.779 -turn) is 7.652 8.566 9.471 10.368 11.255 12.134 13.004 13.865 18.046 6.710 5.650 15 ooh oh oh 7.367 6.628 6.811 7.469 7.843 8.055 8.244 6.623 4.997 32.835 Print Done elds and then Clear All Periods | 1.000 2.030 3091 4.164 5.309 3 4 5 678gm H | 18 11.000 | 2.010 3.030 4.060 5.101 6.1582 7.274 8.266 9.369 10.462 11.567 12.663 13.809 14.947 16.097 22.019 28 243 4.785 49 886 - 1.000 2.020 3060 4.122 5204 6.308 7.434 8.563 9.755 10350 12. 19 13412 14. 60 15.974 17.293 24 297 32030 40.568 60 402 5.468 7562 8.892 10.158 1.464 12.808 14.192 15.618 17.086 18.599 26.870 36.458 47.575 | 75.401 | 4% 1.000 2.040 3.122 4 246 5.416 6.633 7,896 9214 10. 58 12.006 13486 15 026 16.627 ( 16 22 20.024 29.778 1 64G 56 085 | 95026 Future Value of Annuity of $1 58 | | | 10% | 1.000 1.000 - 1000 1.000 2.050 2.50 - 12080 2.10 3.153 3.184 3.246 3.310 4.310 - 4.375 4.506 a.64] 5526 5.637 5.867 6.105 6.802 6975 736 7.716 3.142 6394 8.323 3.47 9549 9.887 | 10.637 11 436 11.027 11.491 12.488 13. 59 12.578 13.18] 14.487 15.937 14.207 1492 16645 18.531 15.917 16870 16977 21.384 17713 16882 21.495 24.523 19.59 21.015 24215 7975 21.57 23.276 27.152 31.77 33.06 | 36.786 45.762 7275 47.727 54.865 3.106 58 347 66.439 79.58 164.494 120 800 154.762 259 057 442 599 | 12 14% 16% 10% | 20 1000 11.000 1000 1.000 | 1000 | 2 120 2.140 | 2160 21 | 2200 3374 | 3.60 | 3.506 352 | 3.640 | | E | 5.068 5215 5. 8 | 6.353 | 6510 | 687 7.154 T42 | 3.16 297 .42 999 | 10 008 | 10.730 1.414 12.142 12916 | 12.300 | 13233 14.240 15.327 16.499 | 14.776 | 16.85 17.519 10.066 20.799 | 17.549 | 19.337 21.327 3.521 20.65 23.045 20.75 24.133 27 271 34 31 20029 2009 36.786 42219 | 32 333 3781 43.672 50.818 | 37 280 43.842 51.60 60.95 72.052 91.025 15.380 146 628 13.334 249214 342.603 471.991 | 241.333 3. 767 530.312 790 948 1.181882 | 1.342 025 2.360 FF | 4.1 213 7343 28 46.497 161.5T 113 23 | T6791 a water ual value. 1 i Reference - X Engineers estima . Management ent value a e value an Periods 1 2 18% 0.847 0.718 0.609 0.516 20% 0.833 0.694 0.579 0.482 3 ok period, cimal place closest interest 12% 0.893 0.797 0.712 0.636 0.567 0.507 0,452 0.404 0.361 0.437 0.40 1% 2% 3% 0.990 0.9800.971 0.9800 .961 0.943 0.971 0.942 0.915 0.961 0.924 0.888 0.951 0.906 0.863 0.942 0.888 0.837 0.933 0.871 0.813 0.923 0.853 0.789 0.914 0.837 0.766 0.905 0.820 0.744 0.896 0.804 0.722 0.887 0.788 0.701 0.879 0.773 0.681 0.870 0.758 0.661 0.861 0.743 0.642 0.820 0.554 0.780 0.610 0.478 0.742 0.552 0.412 0.672 | 0.453 0.307 t tenth perc 4% 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 0.703 0.676 0.650 0.625 0.601 0.577 0.555 0.456 0.375 0.308 0.208 Present Value of $1 5% 6% 8% 10% 0.952 0.943 0.926 0.909 0.907 0.890 0.857 0.826 0.864 0.840 0.794 0.751 0.823 0.792 0.735 0.683 0.784 0.747 0.681 0.621 0.746 0.705 0.630 0.564 0.711 0.665 0.583 0.513 0.677 0.627 0.540 0467 0.645 0.592 0.500 0.424 0.614 0.558 0.585 0.527 0.429 0.350 0.557 0.497 0.397 0319 0.530 0.469 0.368 0 290 0.505 0.442 0.340 0.263 0.481 0.417 0.315 0.377 0.312 0.215 0.149 0.295 0233 0.092 0.174 0.099 0.057 0.097 0.046 0.022 14% 0.877 0.769 0.675 0.592 0.519 0.456 0.400 0.351 0.308 0.270 0.237 0.208 0.182 0.160 0.463 16% 0.862 0.743 0.641 0.552 0.476 0.410 0.354 0.305 0.263 0.227 0.19 0.168 0.145 0.125 0.108 0.051 0.024 0.012 0.003 is 24.8 0287 0.266 0.225 0.191 0.162 0.137 0.116 0.099 0.084 0.037 0.016 0.007 0.001 025 0.140 0.093 0.078 0.065 0.026 0.010 0.004 0.001 0.036 0.146 0.231 0.020 0.142 0.005 Print Done s and then Clear All ure. view view Periods 2% 14% 16% 1.030 15% 1.160 1.392 1% 1.010 1.020 1.030 1.041 1.051 1561 1.Rag 2.074 bute to eriod 1.040 1.082 1.125 1.170 1.217 1.265 1.316 1.369 1.423 2.288 2.700 2.986 4 5 2.502 3.583 3.185 1477 2853 3.252 ue to the 3.803 1.050 1.103 1.158 1.216 1276 1.340 1.407 1.551 1.629 1.710 1.796 1.886 1.980 2079 2.653 Future Value of $1 8% 1.060 1.080 1.100 1.124 1.166 1.210 1.191 1260 1.331 1.262 1.360 1.464 1.338 1469 1611 1419 1.587 1.772 1.504 1.714 1.594 1.851 2.144 1.689 1999 2358 1.791 2.159 2.594 1.898 2.332 2 853 2.012 2 518 3.138 2.133 2.720 3 452 2 261 2.937 3.797 2.397 3.172 4.177 3.207 4.6616.727 4292 6.848 10.835 5.743 10.063 17.449 10.286 21.725 45.259 3.758 4435 5.234 1.020 1.040 1.061 1.082 1.104 1.126 1.149 1.172 1.195 1.219 1.243 1.268 1.294 1.319 1,346 1486 1.641 1.811 2208 3.707 1.062 1.072 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1.220 1.282 1.348 1.489 1.061 1.093 1.126 1.159 1.194 1230 1.267 1.305 1.344 1.384 1.426 1469 1513 1.558 1.805 2.094 2.427 3262 1.405 1.574 1.762 1.974 2211 2.476 2773 3.106 3.479 3.896 4.363 4.887 5,474 9.646 17.000 29.950 93 051 rated 5.117 1539 1.601 1.665 1.732 1.801 2.191 2.666 3.243 4.801 5492 6.261 7.138 13.743 26.462 50.950 188 884 5.936 6.856 7.988 9.266 19.461 40.874 85.850 378.721 6.176 7288 8.599 10.147 11.974 27.393 62.689 143371 750 378 4.300 5.160 6.192 7430 8.916 10.699 12.839 15.407 38338 95396 237376 1469.772 3.386 AS Print Done the ed Clear All

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