Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. Dandy's has narrowed their choices down to two: the Wacky Water Race game and the Whack-A-Mole game. Financial data about the two choices follows.
What is the total present value of future cash inflows and residual value from the Wacky Water Race game?
Present Value of $1
Present Value of Annuity of $1
A) $2589
B) $28,543
C) $36,589
D) $30,741
Correct Answer:
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