The management of Niagra National Bank is considering an investment in automatic teller machines. The machines would cost $163,300 and have a useful life of seven years. The bank's controller has estimated that the automatic teller machines will save the bank $35,500 after taxes during each year of their life (including the depreciation tax shield). The machines will have no salvage value. Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.) 2. Compute the net present value of the proposed investment assuming an after-tax hurdle rate of: (a) 10 percent, (b) 12 percent, and (C) 14 percent. (Negative amounts should be indicated by a minus sign.) Net Present Value (a) 10 percent (b) 12 percent (0) 14 percent # 4 Future Value and Present Value Tables & # #a a% g a44 # W E hl= w #n *E n c| # | 8 # # % *** R # 4443