ACC 117 CH 25 HOMEWORK show Me per year. Total expenses, Indluding depreciation, are expected...
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ACC 117 CH 25 HOMEWORK show Me per year. Total expenses, Indluding depreciation, are expected to be $13 million per year. Welcome Inn management has set a minimum acceptable rate of return on". Assume straighe-line depreciation the equal annual net cash flows from operating the hotel, Round to the nearest million dollars Present Value of an Annuity of $1 at Compound Interest Periods 8% 9% 10% 11% 12% 13% 14% 92593 0.91743 0.90909 0.90090 0.89286 088496 0.8719 .78326 1.759111.3 1.71252 1,69005 1,60810 164666 3 2.57710 2.53129 2.48685 2.44371 2.40183 2.36115 2.32163 3.31213 3.23972 3.16987 3-10245 oins 2.9744, 291371 5 3.99271 3.88965 3.79079 3,69590 1.60478 351723 3.43308 6 4.62288 4.48592 4.35526 230S4 4.11141 3.99755 3.88867 47220 56376 442261 4.28830 8 5.74664 5.53482 5.33493 5.14612 4.96764 479677 4.63886 9 6.24689 5.99525 55902 5.53705 532825 5.13166 4.94637 0 6.71008 641766 614457 5.68923 5.65022 $.42624 5.21612 5.20637 5.03295 4.86842 b. Calculate the net present value of the new hotel, using the present value of an annuity of $1 table above Round to the nearest milion dolars. I required, ute the minus sign to indicate a negative net present value Net present value of hotel project PreviousNext
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