(Solved): Maggie's Resorts expansion project to increase the number of bungalows on its property had the foll ...

Maggie's Resorts expansion project to increase the number of bungalows on its property had the following information: Present value factor of an annuity of $\$1$ Annuity Factor $=\frac{1-(1+r{)}^{-n}}{r}$, where $r=$ rate, and $n=$ \# of periods. Present Value Factor of $\$1$ PVF $=\frac{1}{(1+r{)}^n}$, where PVF $=$ Present Value Factor, $r=$ rate, and $n=$ \# of periods (Round your answers to two decimal places when needed and use rounded answers for all future calculations).