Dandy's Fun Park Is Evaluating the Purchase of a New

question 111

Multiple Choice

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 net present value of the Whack-A-Mole game?
Present Value of $1
Present Value of Annuity of $1

• A)$9520
• B)($9936)
• C)$9936
• D)($9520)

---

Definitions:

Crowdfunder

An individual or entity that contributes financial resources to a project or venture through a collective effort of multiple donors, typically via the Internet.

Ownership

The state or fact of owning something, which includes the right to possess, use, and enjoy a certain thing, tangible or intangible.

Crowdsourcing

The practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, especially from an online community.

Freely Downloadable

Describes software, music, or any digital content that can be downloaded without payment or significant restrictions.