The local supermarket is considering investing in solcheckout kiosks for its customers. The sell checkout kosks will cost $46,500 and have no residual value Management expects the equipment to dinnet cash savings over three years as customers grow customed to using the new technology $14,000 the first year, 521.000 the second year, 527,000 the third year. The company has already determined that the represent value of the investment at a 14% discount rate is $1,162. What is the approximate intamal rate of retur (IRR) of the kiosk investment? Click the icon to view the present value of an annuty table.) Click the icon to view the presentable) Click the icon to view the future value of an annuity table) Click the icon to view the revolutie) Since the NPV at 50% is the IRR must be Click to select your answers and then click Check Answer. 2 parts remaning C MacBook Air Reference ing in self-ch to using the proximate in Xects the eq rmined that of an annu of an annuity Periods 4% 1 2 R must be 16% 0.862 1.605 2.246 2.798 3274 18% 0.847 1.566 2.174 2.690 3.127 GO 14% 0.877 1.647 2.322 2.914 3.433 3.889 4288 4.639 4.946 5.216 5 Present Value of Annuity of $1 1% 2% 3% 5% 6% 8% 10% 12% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1.736 1.690 2.941 2.884 2.829 2.775 2.723 2.673 2577 2487 2402 3.902 3.808 3.717 3.630 3.546 3.466 3.312 3.170 3.037 4.853 4.713 4.580 4.452 4.329 4212 3993 3.791 3.605 5.795 5.601 5.417 5.242 5.076 4.917 4.623 4.355 4.111 6.728 6.472 6.230 6.002 5.786 5.582 5 206 4.868 4.564 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 4.968 8.566 8.162 7.786 7.435 7.108 6.802 6247 5.759 5.328 9.471 8.983 8.530 8.111 7.722 7.360 6.710 6.145 5.650 10.368 9.787 9.253 8.760 8.306 7.887 7.139 6.495 5.938 11.255 10.575 | 9.954 9.385 8.863 8.384 7.536 6.814 6.194 12.13411.348 10.635 9.986 9.394 8.853 7.904 7.103 6.424 13.004 12.106 11.296 10.563 9.899 9.295 8.244 7.367 6.628 13.865 12.849 11.938 11.118 10 380 9.712 8.559 7.606 6.811 18.046 16.351 14.87713 590 1246211470 9.818 8.514 2469 22.023 19.52317413 15 622 14.094 12.783 10.675 9.077 7 843 25 808 22 396 19.600 17 292 15 372 13.765 11 258 9.427 8055 32.835 27355 23.115 19.793 17 159 15.046 11.925 9.779 8 244 20% 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4.031 4.192 6 8 9 10 3.685 4.039 4.344 4.607 4.833 3.498 3.812 4.078 4.303 4.494 4.656 4.793 4.910 5.008 5.092 11 12 13 14 15 5.453 5.660 5.842 6.002 6.142 6.623 6.873 7.003 7.105 5.029 5.197 5.342 5.468 6575 5.929 6.097 6.177 6233 4327 4.439 4.533 4.611 4.675 20 25 30 40 5.353 5.467 5517 5.548 4.870 4.948 4.979 4.997 click Check A Print Done Reference X - ng in self-ch to using the roximate in ects the rmined of an annu Present Value of $1 Fan annuity Periods must be 2 3 4 5 3% 0.971 0.943 0.915 0.888 0.863 0.837 0.813 0.789 0.766 0.744 4% 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 0.703 0.676 1% 2% 0.990 0.980 0.980 0.961 0.971 0.942 0.961 0.924 0.951 0.906 0.942 0.888 0.933 0.871 0.923 0.853 0.914 0.837 0.905 0.820 0.896 0.804 0.887 0.788 0.879 0.773 0.870 0.758 0.861 0.743 16% 0.862 0.743 0.641 0.552 0.476 6% 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.627 0.592 0558 20% 0.833 0.694 0.579 0.482 0.402 6 5% 0.952 0.907 0.864 0.823 0.784 0.746 0.711 0.677 0.645 0.614 0.585 0.557 0.530 0.505 0.481 8% 0.926 0.857 0.794 0.735 0.681 0.630 0.583 0.540 0.500 0.463 0.429 0.397 0.368 0.340 0315 0215 0.146 0.099 0.046 10% 0.909 0.826 0.751 0.683 0.621 0.564 0.513 0.467 0.424 0.386 0.350 0.319 0.290 0.263 0.239 0.149 0.092 0.057 0022 12% 0.893 0.797 0.712 0.636 0.567 0.507 0.452 0.404 0.361 0.322 0287 0.257 0.229 0.205 0.183 Q.104 0.059 0.033 0.011 14% 0.877 0.769 0.675 0.592 0.519 0.456 0.400 0.351 0.308 0.270 0.237 0208 0.182 0.160 0.140 0073 0.038 0.020 0.005 0.410 0.354 0.305 0.263 0.227 18% 0.847 0.718 0.609 0.516 0.437 0.370 0.314 0.286 0.225 0.191 0.162 0.137 0.116 0.099 0.084 0.037 0.016 O 007 0.001 0.335 0.279 0.233 0.194 0.162 10 11 12 13 14 15 0.722 0.701 0.681 0.661 0.642 0.650 0.625 0.601 0.577 0.555 0.527 0497 0469 0442 0.417 0.312 0.233 0.174 0.097 0.195 0.168 0.145 0.125 0.108 0.051 0.024 0.012 0.003 0.135 0.112 0.093 0.078 0.065 20 25 30 40 0 820 0.780 0.742 0.872 0.673 0.610 0.552 0453 0.554 0.478 0.412 0.307 0.456 0.375 0.308 0208 0.377 0.295 0.231 0.142 0.026 0.010 0.004 0.001 ick Check Print Done hapter 12 13 of 19 (11 complete) HW Reference X 1 rin CCI ati es Periods 1 1.000 2 3 4 5 6 8.977 8 9 10 1% 1.000 2010 3.030 4.060 5.101 6.152 7.214 8.286 9.369 10.462 11.567 12.683 13.809 14.947 16.097 22.019 28.243 34785 48.836 2% 1.000 2020 3.060 4.122 5.204 6.308 7434 8.583 9.755 10.950 12.169 13.412 14.680 15 974 17.293 24297 32.030 40.568 60.402 3% 1.000 2.030 3.091 4.184 5.309 6.468 7.662 8.892 10.159 11 464 12.808 14.192 15.618 17.086 18.599 26.870 36.459 47 575 75.401 4% 1.000 2040 3.122 4246 5.416 6.633 7.898 9.214 10.583 12.006 13.486 15.026 16.627 18 292 20.024 29.778 41.646 56,085 95,026 Future Value of Annuity of $1 5% 6% 8% 10% 1.000 1.000 1.000 2.050 2.060 2.000 2100 3.153 3.184 3.246 3310 4.310 4.375 4.506 4.641 5.526 5.637 5,867 6.105 6.802 6.975 7.336 7.716 8.142 8.394 8.923 9.487 9.549 9.897 10.637 11436 11.027 11.491 12.488 13.579 12.578 13.181 14.487 15.937 14.207 14.972 16.645 18.531 15.917 16.870 18.977 21.384 17.713 18.882 21.495 24.523 19.599 21.015 24 215 27.975 21.579 23.276 27.152 31.772 33,066 36.786 45.762 57 278 47.727 54.865 73.106 98.347 66.439 79.058 113.283 164.494 120.800 154.762 259.057 442.593 12% 1.000 2.120 3 374 4.779 6.353 8.115 10.069 12.300 14.776 17.549 20.655 24.133 28.029 32.393 37280 72052 133.334 241.333 767.091 14% 16% 18% 20% 1.000 1.000 1.000 1.000 2.140 2.160 2.180 2.200 3.440 3.506 3.572 3.640 4.921 5.066 5.215 5.368 6.610 6.877 7.154 7.442 8.536 9.442 9.930 10.730 11.414 12.142 12.916 13.233 14.240 15.327 16.499 16.085 17.519 19.086 20.799 19.337 21.321 23.521 25.959 23.045 25.733 28.755 32.150 27 271 30.850 34,931 39.581 32.089 36.786 42.219 48.497 37.581 43,672 50.818 59.196 43 842 51.660 60.965 72.035 91.025 115380 148.628 186.688 181.871 249 214 342 603 471.981 356.787 630 312 790 948 1,181.882 1,342 0252,360.7574,163 2137,343 858 11 12 13 14 15 20 25 30 40 Print Done napter 12 13 of 19 (11 complete) HW Reference Periods 1 2 3 4 5 2960 1.020 1.040 1.061 1,082 1.104 12% 1.120 1.254 1.405 1574 1.762 14% 1.140 1.300 1.482 1.689 1.925 1% 1.010 1.020 1.030 1.041 1.051 1.062 1.072 1,083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 3% 1.030 1.061 1.093 1.126 1.159 1.194 1.230 1.267 1.305 1.344 20% 1.200 1.440 1.728 2.074 2488 4% 1.040 1.082 1.125 1.170 1.217 1.265 1.316 1.369 1.423 1.480 1.539 1.601 1.665 1.732 1.801 1.126 1.149 1.172 1.195 1.219 Future Value of $1 6% 8% 1.060 1.080 1.124 1.166 1.191 1.260 1 262 1.360 1.338 1.469 1.419 1.587 1.504 1.714 1.594 1.851 1.699 1999 1.791 2159 1.898 2.332 2012 2.518 2133 2.720 2261 2.937 2397 3.172 5% 1.050 1.103 1.158 1.216 1276 1340 1407 1477 1.551 1.629 1.710 1.796 1.886 1.980 2079 2653 3.386 4.322 7.040 16% 1.160 1.346 1.561 1.811 2.100 2436 2826 3.278 3.803 4.411 8 9 10 10% 1.100 1.210 1.331 1.464 1.611 1.772 1.949 2.14 2358 2594 2.853 3.138 3.452 3.797 4.177 6.722 10.835 17449 45.259 11 12 13 14 15 18% 1.180 1.392 1.643 1.939 2.288 2.700 3.185 3.759 4,435 5.234 6.176 7.288 8.599 10.147 11.974 27393 82.689 143.371 750,378 1.243 1.268 1.294 1.319 1.346 1.486 1.641 1.811 2208 1.974 2211 2476 2.773 3.106 3.479 3.896 4.363 4.887 5.474 9.646 17.000 29.960 93.051 1.384 1426 1.469 1.513 1.558 1.806 2,094 2.427 3.262 2.195 2.502 2.853 3.252 3.707 4.226 4.818 5.492 6.261 7.138 13.743 26.462 50.950 188,884 5.117 5.936 6.886 7.988 9.266 19.461 40.874 85.850 378.721 2.986 3.583 4.300 5.160 6.192 7.430 8.916 10.699 12.839 15.407 38.338 95 396 237.376 1,469.772 20 25 30 40 1.220 1.282 1348 1480 2191 2666 3.243 4801 3207 4292 5.743 10.286 4661 6.848 10.063 21.725 nd Print Done