Net Present Value Method for a Service Company AM Express news condena the purchase of an additional delivery vehide for $32,000 on January 1, 2011. The truck is expected to have a five-year ife with an expected residual value of 7.000 at the end of five years. The expected con revenues from the led delivery capacty are antipated to be $54,000 per year for each of the meat five years. A driver will cost $37.000 in 2011, with an expected annual salary increase of $3.000 for each year thereafter The annual operating costs for the truckare estimated to be $2.000 per year Present Value of $1 al Compound interest 6% 10% 12% 15% 20% 0.943 0.09 0.893 0.870 0.833 2 0.694 0 .890 0.840 0.792 0.747 6 0.705 7 0.665 8 0.627 9 0.592 100.550 0.826 0.751 0.683 0.021 0.564 0.513 0.467 0.424 0.366 0.797 0.750 0.712 0.658 0.636 0.572 0.567 0.497 0.5070.432 0.452 0.376 0.404 0.32 0.361 0.247 0.462 0,402 0.335 0.279 0.233 0.194 0.162 Anale Carhare desired rate of return is 20%. Use the table of the present of $1 presented above. When regard found to the nearest della frequed, use the b. Calculate the net present of the westment, assuming that the mission to indicate a negative net present value Present of annet cashows c. is the Yes onltruck a good investment based on your analysis? because then present was positive