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The local supermarket is considering investing in self - checkout kiosks for its customers. The self - checkout kiosks will cost $ 4 9 comma
The local supermarket is considering investing in selfcheckout kiosks for its customers. The selfcheckout kiosks will cost $ comma 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: $ comma the first year; $ comma the second year; $ comma the third year. Assuming a discount rate, what is the NPV of the kiosk investment? Is this a favorable investment? Why or why not?
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