what is the Net Present Value?

[The following information applies to the questions displayed below.) Vancouver Shakespearean Theater's board of directors is considering the replacement of the theater's lighting system The old system requires two people to operate it, but the new system would require only a single operator. The new lighting system will cost $157,450 and save the theater $33,000 annually for the next eight years. Use Appendix A for your reference (Use appropriate factor(s) from the tables provided.) Required: 1-o. Prepare a table showing the proposed lighting system's net present value for each of the following discount rates: 8 percent. 10 percent, 12 percent, 14 percent, and 16 percent 1-b. Based on your findings in requirement 1-a., Which statement is true? Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Prepare a table showing the proposed lighting system's net present value for each of the following discount rates: 8 percent, 10 percent, 12 percent, 14 percent, and 16 percent. (Round "Annuity Discount Factor" to 3 decimal places. Negative amounts of "Net Present Value" should be indicated by a minus sign. Round your final answers to the nearest whole dollar.) Annuity Annual Present Value of Acquisition Discount Rate Discount Net Present Savings Annual Savings Cost Factor Value 896 5 747 $ 33 000 $ 189 639 s 157450 10% 5.335 33,000 176,053 157,450 12% 4.968 33,000 163,932 157,450 1496 4.639 33 000 153,083 157450 1696 4.344 33,000 143,338 157,450