The local supermarket is considering investing in self-checkout kiosks for its customers. The self-checkout kiosks will cost $45,500 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, $27,000 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? Click the icon to view the present value of an annuity table.) 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.) (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for negative net present values.) The NPV is /static) et is copsidering investing in self-checkout kiosks for its customers. The self.checkoutkiaske will.cost $46.500 and have no re s the ed Year: $1 i Reference - X V:9 ves viewt view til % -to the Present Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 Period 2 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1.736 1.690 1.647 1.605 1566 1.528 Period 3 2.941 2.884 2.8292.775 2.723 2.673 2.577 2.487 24022 322 2.246 2.174 2.106 Period 4 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 2.798 2690 2.589 Period 5 4.853 4.713 4.580 4.452 4.329 4.2123.993 3.791 3.605 3.433 3.274 3.127 2991 Period 6 5.795 5.601 5.4175.2425.076 4.917 4.623 4.355 4.111 3.889 3.685 3.498 3.326 Period 7 6.728 6.472 6.230 6.002 5.786 5582 5.206 4.868 4.564 4 288 4039 3.812 3.605 Period 8 7.652 7325 70206.733 6.463 6.210 5.747 5.335 4.968 4.639 4344 4.078 3837 Period 9 8.566 8.162 7.786 7.435 7.108 6.802 6 247 5.759 5.328 4.946 4 607 4.303 4031 Period 10 9.471 8.983 8.530 8.111 7.722 7.360 6.710 6.145 5.6505.216 4.833 4494 4.192 Period 11 10 368 9.787 9.253 8.760 8.306 78877.139 6.495 5.938 5.453 5.029 4.656 4.327 Period 12 11.255 10.575 9.9549.3858.863 8.384 7.536 6 8146.1945.660 5.197 4.793 4.439 Period 13 12.134 11.348 10.635 9.986 9.394 8.853 7.904 7.103 6.424 5.842 5.342 4.910 4533 4.611 Period 14 13.004 12 106 11 296 10.563 9.899 9.295 8.244 7367 6.628 6 002 5468 5008 6.142 5575 5.092 4.675 Period 15 13.865 12.849 11.938 11.118 10.380 9.712 8.559 76066811 6.623 5.9295353 4.870 Period 20 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.5147469 5.467 4.948 Period 25 22.023 19.523 17 413 15 622 14.09412.783 10.675 9.077 7.843 6.873 6.097 5.517 4979 Period 30 25.808 22 396 19.600 17 292 15.372 13.765 11 258 9.4278.055 7003 6.177 5.548 4 997 Period 40 32 835 27 355 23.115 19.793 17.159 15 046 11.925 9.779 8.244 7.105 6.233 he icon 20% ur answ Future Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% Period 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 Period 2 2010 2020 2030 2.040 2050 2060 2080 2.100 2.120 2.140 2.160 2.180 2 200 Period 3 3.030 3.060 3.091 3.122 3.153 3.184 3.246 3.310 3.374 3.440 3.506 3.572 3.640 Period 4 4060 4.122 4.184 4.246 4310 4.375 4506 4.641 4.779 4.921 5066 5215 5.368 Period 5 5.101 5.204 5,309 5 416 5.526 5.637 5.867 6.105 6.353 6.610 6.877 7.154 7.442 Period 6 6.1526,308 6.468 6.633 6.802 6.975 7336 7.716 8.115 8.536 8.977 9.442 9.930 Period 7 7214 7434 7662 7.898 8.142 8.394 8.923 9.487 10089 10.730 11.414 12.142 12916 Period 8 8286 8.583 8.892 9.214 9.549 9.897 10.637 11.436 12.300 13.233 14.240 15 327 16.499 Period 9 9.369 9.755 10.159 | 10 583 11.027 11491 12.488 13.579 14.776 16.085 17.519 19.086 20.799 Period 10 10.462 10.950 11.464 12 006 12 578 13.181 14.48715.93717549 19337 21321 23 521 25.959 Period 11 11.567 12.16912808 13.486 14.207 14.972 16.645 18.531 20 655 23.045 25.733 28.755 32.150 30 850 Period 12 12.683 13.412 14 192 15.026 15.91716 870 18,977 21 384 24.133 27.271 34 931 39.581 Period 13 17.713 18.882 21.495 24 523 28.029 13.809 14.68015618 16 32.089 42.219 36.786 48 497 37.581 43 672 50.818 Period 14 59.196 14.947 15 974 17.086 18 29219599 21.015 24 215 27 975 32 393 51 660 43842 60.965 72.035 Period 15 16 097 17 293 18.5992002421579 23 276 2715231772 37.280 91 025 115 380 146.628 186 689 Period 20 22.019 2429726.870 29.778 33.066 36.786 45.762 57.275 72.052 249 214 342 603 471.981 Period 25 28 243 32.030 36 459 41 646 47.727 54 865 73.106 99 347 133 334 181 871 Period 30 34.785 40 568 47.575 56 085 66.439 79.058 113.283 164 494 241 333 356 787 530312 790 948 1.181 882 Period 40 48 886 60.402 75.401 95.026 120 800 154.762259 057 442.593 767091 1,342 025 2,360.757 4.163 213 7 343.858 Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.9520.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 Period 2 0.980 0.961 0.943 0.925 0.9070.890 0.857 0.826 0.797 0.769 0.743 0.718 0.694 Period 3 0.971 0.942 0.915 0.8890.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 Period 4 0.961 0.924 0.888 0.855 0.8230.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.583 0.513 0.452 0.400 0.354 0.314 0279 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.540 0.467 0.404 0.3510.305 0.266 0.233 Period 9 0.914 0.837 0.766 0.703 0.645 0.592 0.500 0.424 0.361 0.308 0.263 0.225 0.194 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.463 0.386 0.322 0.270 0.227 0.191 0.162 Period 11 0.896 0.8040.722 0.650 0.585 0.527 0.429 0.350 0.287 0.237 0.195 0.162 0.135 Period 12 0.887 0.788 0.701 0.625 0.557 0.4970 397 0.319 0.257 0.208 0.168 0.137 0.112 Period 13 0.879 0.773 0.681 0.601 0.530 0.4690.368 0.290 0.229 0.182 0.145 0.116 0.093 Period 14 0.870 0.758 0.661 0.5770.505 0.442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.315 0 239 0.183 0.140 0.108 0.084 0.065 Period 200.820 0.673 0.554 0.456 0.377 0.312 0.215 0.149 0.104 0.073 0.051 0.037 0.026 Period 25 0.780 0.610 0.478 0.375 0.295 0 233 0.146 0.092 0.059 0.038 0.024 0.016 0.010 Period 30 0.742 0.552 0.412 0.308 0.231 0.174 0.099 0.057 0.033 0.020 0.012 0.007 0.004 Period 40 0.672 0453 0.307 0208 0.142 0.097 0.046 0.022 0.011 0.005 0.003 0.001 0.001 in the Cher Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Future Value of $1 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 1.010 1.020 1030 1.040 1.050 1.060 1.080 1.100 1.120 1.140 1.160 1.180 1.200 1.020 1.0401.061 1.082 1.103 1.124 1.166 1.210 1.254 1.300 1 346 1.392 1.440 1.030 1.061 1.093 1.125 1.158 1.191 1.260 1.331 1.405 1.482 1.561 1.643 1728 1.041 1.082 1.126 1.170 1.216 1.262 1.360 1.464 1.574 1.689 1.811 1.939 2.074 1.051 1.104 1.159 1.217 1.276 1338 1.469 1.611 1.762 1.925 2.100 2288 2488 1.062 1.126 1.1941.265 1.340 1.419 1.587 1772 1.9742.195 2436 2.700 2.986 1.072 1.149 1.230 1.316 1.407 1.504 1.714 1.949 2.211 2502 2.826 3.185 3.583 1.083 1.172 1267 1.369 1.477 1.594 1.851 2.144 2.476 2853 3278 3.759 4.300 1,094 1.195 1.305 1.423 1.551 1.689 1.99923582.7733.252 3.803 4.435 5.160 1.105 1.219 1.344 1.480 1.629 1.791 2.1592.594 3.106 3.707 4.411 5.234 6.192 1.116 1.243 1.384 1.539 1.710 1.898 2.3322853 3.479 4226 5.117 6.176 7.430 1.127 1.268 1.426 1.601 1.796 2012 2.518 3.138 3.896 4.818 5.936 7288 8.916 1.138 1294 1.469 1.665 1.886 2.133 2720 3.452 4363 5.492 6.886 8.599 10.699 1.149 1.319 1.513 1.732 1.9802261 2.937 3.797 4.887 6.261 7.988 10.147 12.839 1.161 1.346 1.558 7.138 1.8012079 2 397 3.172 4.177 5.474 9.266 11.974 15.407 1.220 1486 1 806 2.1912.653 3 207 4.661 38.338 6.727 9.646 13.743 19.461 27 393 1.282 1.641 2.094 2.666 3.386 4.292 6 848 10.835 17.000 26.462 40.874 62.669 95 396 1.348 1.811 24273243 4.322 5.743 10.063 17.449 29.960 50.950 85.850 143,371 237.376 1.489 2.208 3.2624 801 7.040 10.286 21.725 45.259 93.051 188.884 378.721 750,378 1.469.772 Period 11 Period 12 Period 13 Period 14 Period 15 Period 20 Period 25 Period 30 Period 40 Print Done