(Present value tables are needed.) Family Fun Park is evaluating the purchase of a new game to be located on its Midway. Family Fun 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 net present value of the Wacky Water Race game?
Definitions:
Semiannual Interest
An interest payment made twice per year on investment vehicles such as bonds, which represents a portion of the annual interest rate.
Annual Yield
The return on an investment over a one-year period, expressed as a percentage of the investment’s initial cost.
Market Rate
The current price or interest rate at which goods, services, or financial instruments are traded in a competitive marketplace.
Present Value Tables
Tables that show the present value of cash to be received in the future, discounted at various interest rates.
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