Puello Corporation has provided the following data concernin…
Puello Corporation has provided the following data concerning an investment project that it is considering:Initial investment……………………….$480,000Annual cash inflow…………………….$145,000Life of project…………………………….. 4 yearsDiscount rate……………………………… 8%Use the separate tables below to find the appropriate discount factor(s). Calculate the net present value of the project.Present Value of $1 4% 5% 6% 7% 8% 9% 10% 11% 12% 1 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 2 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0.797 3 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.731 0.712 4 0.855 0.823 0.792 0.763 0.735 0.708 0.683 0.659 0.636 5 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0.593 0.567 6 0.790 0.746 0.705 0.666 0.630 0.596 0.564 0.535 0.507 7 0.760 0.711 0.665 0.623 0.583 0.547 0.513 0.482 0.452 8 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.434 0.404 9 0.703 0.645 0.592 0.544 0.500 0.460 0.424 0.391 0.361 10 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.352 0.322 11 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0.317 0.287 12 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.286 0.257 Present Value of an Annuity of $1 in arrears 4% 5% 6% 7% 8% 9% 10% 11% 12% 1 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 2 1.886 1.859 1.833 1.808 1.783 1.759 1.736 1.713 1.690 3 2.775 2.723 2.673 2.624 2.577 2.531 2.487 2.444 2.402 4 3.630 3.546 3.465 3.387 3.312 3.240 3.170 3.102 3.037 5 4.452 4.329 4.212 4.100 3.993 3.890 3.791 3.696 3.605 6 5.242 5.076 4.917 4.767 4.623 4.486 4.355 4.231 4.111 7 6.002 5.786 5.582 5.389 5.206 5.033 4.868 4.712 4.564 8 6.733 6.463 6.210 5.971 5.747 5.535 5.335 5.146 4.968 9 7.435 7.108 6.802 6.515 6.247 5.995 5.759 5.537 5.328 10 8.111 7.722 7.360 7.024 6.710 6.418 6.145 5.889 5.650 11 8.760 8.306 7.887 7.499 7.139 6.805 6.495 6.207 5.938 12 9.385 8.863 8.384 7.943 7.536 7.161 6.814 6.492 6.194