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Capital Expenditur i In-Class Example CapEx3: NPV Hy-Vee grocery store is considering putting in self-checkout lanes at its stores. To put in one lane, the

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Capital Expenditur i In-Class Example CapEx3: NPV Hy-Vee grocery store is considering putting in self-checkout lanes at its stores. To put in one lane, the cost would be $60,000 in technology. There is no benefit from selling any currently-used technology, as it is considered obsolete. The savings in staffing and other costs over the next four years is $12,000 per year for years one and two, and the savings are $25,000 per year for years three and four. Assuming a 10% discount rate, should Hy-Vee make this investment

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