What would be the net present value of a microwave oven that costs $246 and will save you $70 a year in time and food away from home? Assume an average return on your savings of 8 percent for five years. Use Exhibit 1.D. (Round time value factor to 3 decimal places and answer to 2 decimal places.) Net present value SO 12060 99 0.01 1759 LE TO 0.900 1.736 2407 0170 3797 lace Exhibit 1-Present value of si received at the end of each period for a given number of time periods (an annuity) Period 39 79 1 0.990 0910 0.971 0.02 0.000 0.015 0.00 2 1.970 1.042 1.013 1.800 1859 1.000 1.750 3 2.941 284 2820 27751 2723 2.073 2.024 25 4 2002 3.71 3630 5 4.85 4.71 4580 430 4212 100 3.9931 5:05 5.001 5242 5076 2012 4.60 62728 6.00 5.780 53502 5. 5.2001 7.652 7.020 6.46 6.210 5.9711 5.782 560 3.162 7./80 7435 7100 6 802 63515 6.71 M 7360 7.024 6.710 000 3.240 3.00 46 9 CEOS SSD 99 OC 29 OS 5.535 5095 61 4.86 55 521501 6.145 WS