S12-12 (similar to) Question Help The local supermarket is considering investing in self-checkout kiosks for its customers. The self-checkout kiosks will cost $47,000 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: $14,000 the first year; $21,000 the second year; $24,000 the third year. Assuming a 14% discount rate, what is the NPV of the kiosk investment? Is this a favorable investment? Why or why not? 2 (Click the icon to view the present value of an annuity table.) 9 (Click the icon to view the present value table.) (Click the icon to view the future value of an annuity table.) 5 (Click the icon to view the future value table.) (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for negative net present values.) The NPV is $ D