QS $24-14($Algo$)$ Net present value of an annuity LO P$3$

Pena Company is considering an investment of $$25,359$ that provides net cash flows of $$8,000$ annually for four years.

$($a$)$ If Pena Company requires a $8\%$ return on its investments, what is the net present value of this investment? $($PV of $$1,FV$ of $$1,$

PVA of $$1,$ and FVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided. Round your present value factor to $4$ decimals.

$($b$)$ Based on net present value, should Pena Company make this investment?

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

What is the net present value of this investment?