= Homework: Chapter 12 Question 2, S12-14 (simi.. Part 1 of 3 HW Score: 0%, 0 of 6 points O Points: 0 of 1 Save The local Giant Eagle department store is considering investing in self-checkout kiosks for its customers. The self checkout kiosks will cost $43,000 and have no residual value Management expects the equipment to result in net cash savings over three years as customers grow accustomed to using the new technology $13,000 the first year, $21,000 the second year, $25,000 the third year The company has already determined that the nel present value of the investment at a 14% discount rate is $1.425 What is the approximate internal rate of return (IRR) of the kiosk investment? (Click the icon to view the present value of an annuity table.) E: (Click the icon to view the present value table.) (Click the icon to view the future value of an annuity table.) : (Click the icon to view the future value table.) Since the NPV at 14% is the IRR must be V 14% Clear all Check answer Help me solve this Video Get more help 08:34 08-12-2021 12C Haze ^G IS ENG O ir W Type here to search ti agement expects the equipment to result in net cash savings over three years het present value of the investment at a 14% discount rate is $1,425 What is Present Value of $1 Future Value of $1 Period Period 6% 8% 8 10% in 12% 14% 16% 16% 1 1 0.943 0.926 0.909 n 1 160 0.893 0877 0.862 6% 8% 10% 12% 14% 1 060 1 080 1.100 1 120 1 120 1140 1 124 1 166 1 166 1210 1 254 1.300 1 191 1260 1331 1.405 1.482 2 2 0.857 0.826 1.346 0.797 0.890 0 840 0.769 0.675 3 3 0.743 0.641 0.794 0.751 1.561 0.712 4 0.792 1 262 1 360 4 1.574 1.464 0.735 1.689 1.811 0 683 0.636 0.592 0.552 5 1 338 1469 0.747 1611 5 1 762 1925 2 100 0.681 0.621 0.567 0.519 0.476 Present value of annuity of $1 (Print Done Print Done Periods - X - 1 Future value of annuity of $1 2 Present Value of Annuity of 51 624 8% 10% 12% 14% 16% 0.943 0 926 0 909 0.893 0.877 0862 1 833 1783 1 736 1690 1647 1 605 2673 2577 2 487 2 402 2322 2246 3465 3.312 3.170 3.037 2 914 2.798 4 212 3 993 3791 3 605 3.433 3 274 3 4 5 Period 1 2 Future Value of Annuity of $1 6% 8% 10% 12% 14% 16% 1 000 1.000 1 000 1 000 1 000 1 000 1 2060 2080 2.100 2.120 2140 2160 3.184 3.246 3.310 3.374 3.440 3.505 4 375 4.506 4.641 4.779 4.921 5066 5.637 5 867 6.105 6 353 6 610 6877 3 4 Print Done Help me solve this Video Get more help 5 12C Haze . ENG O 08:33 08-12-2021 Type here to search