Present Value of $1 nA 5.0% 60% 7.06 80% 90% 10.0% 11.0% 12. .95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.90090 0.89286 .90703 0.890000.87344 0.85734 0.84168 0.82645 0.81162 0.79719 0.86384 0.839620.81630 0.79383 0.77218 0.75131 0.73119 0.71178 0.82270 0.79209 0.76290 0.73503 0.70843 068301 065873 0.63552 0.78353 0.74726 0.71299 0.68058 0.64993 062092 0.59345 0.56743 0.74622 0.70496 0.66634 0.63017 059627 056447 0.53464 0.50663 0.71068 0.66506 0.62275 0.58349 0.54703 051316 0.48166 0.45235 0.67684 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 90.64461 0.59190 0.54393 0.50025 0.46043 0.42410 0.39092 0.36061 10 0.61391 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 0.37689 0.311800.25842 0.21455 0.17843 0.14864 0.12403 0.10367 0.231380, 17411 0.13137 0.09938 0.07537 005731 0.04368 0.03338 Present Value of An Ordinary Annuity 5.0% 60% 7.0% 8.0% 9.0% 100% 11. .95238 0.943400.93458 0.92593 0.91743 0.90909 0.90090 0.89286 1.85941 1.83339 1.80802 1.78326 1.75911 1.73554 1.71252 1.69005 .723252.67301 2.62432 2.57710 2.53129 2.48685 2.44371 2.40183 5459 3.46511 3.38721 3.31213 3.23972 3.16987 3.10245 3.03735 432948 4.21236 4.10020 3.99271 3.88965 379079 369590 3.60478 507569 4.91732 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 78637 5.58238 5.38929 5.20637 5.03295 4.86842 4.71220 456376 6.46321 6.20979 5.97130 5.74664 5.53482 5.33493 5.14612 4.96764 10782 680169 6.515236246895.99525 5.75902 5.53705 5.32825 .72173 7.36009 702358 671008 641766 6.14457 588923 5.65022 2.46221 11.46992 10.59401 9.81815 9.12855 851356 7.96333 7.46944 15.37245 13.76483 12.40904 1125778 10.27365 9.42691 869379 8.05518 1 The owner of a hair styling salon is considering buying a tanning bed. She estimates that a tanning bed will bring in an extra S1,000 per year in profit (after deducting costs for electricity, replacement bulbs, etc.). A good quality tanning bed will last for 6 years; however, it will not have any resale value. The owner has not priced tanning beds. Calculate the maximum price that the owner should pay for a tanning bed if she wants to get a 10% return on any money invested in the salon. Which table will you use for the above calculation? Number of periods? Factor? What is the maximum price