Your company is evaluating whether to purchase an equipment or not. The initial cost is $45,581. According to your estimate, the equipment can have annual savings of $6,867 with 0.4 possibility or have annual savings of $5,181. The useful life of the equipment is 10 years, and with equal chance to have a salvage value of $19,445 or $16,372. Given MARR = 6%, what is the expected NPV of the equipment? 6% Compound Interest Factors 6% Single Payment Uniform Payment Series Arithmetic Gradient Compound Present Sinking Capital Compound Present Gradient Gradient Amount Worth Fund Recovery Amount Worth Uniform Present Factor Factor Factor Factor Factor Factor Series Worth Find F Find P Find A Find A Find F Find P Find A Find P Given P Given F Given F Given P Given A Given A Given G Given G F/P P/F A/F A/P F/A P/A A/G P/G 1.060 9434 1.0000 1.0600 1.000 0.943 0 0 1 2 1.124 8900 4854 5454 2060 1.833 0.485 0.890 1.191 8396 3141 3741 3.184 2.673 0.961 2.569 3 1.262 7921 2286 2886 4.375 3465 1.427 4.945 4 5 1.338 7473 1774 2374 5.637 4.212 1.884 7.934 5 6 1419 7050 1434 2034 6.975 4917 2330 11.459 6 7 1.504 6651 1191 1791 8.394 5.582 2.768 15,450 7 8 1594 6274 1010 1610 9.897 6.210 3.195 19.841 9 1.689 5919 0870 1470 11.491 6.802 3.613 24.577 9 10 1.791 5584 0759 1359 13.181 7.360 4.022 29.602 10 11 1.898 5268 0668 1268 14.972 7.887 4.421 34.870 11 12 2.012 4970 0593 1193 16.870 8.384 4.811 40.337 12 13 2.133 4688 0530 1130 18.882 8.853 5.192 45.963 13 14 2.261 4423 0476 1076 21.015 9295 5.564 51.713 14 15 2.397 4173 0430 1030 23.276 9.712 5.926 57554 15 16 2:540 3936 0390 0990 25.672 10.106 6.279 63.459 16 17 2.693 3714 0354 0954 28.213 10.477 6.624 69401 17 18 2.854 3503 0324 0924 30.906 10.828 6.960 75.357 18 19 3.026 3305 0296 0896 33.760 11.158 7287 81.306 19 201 3.207 3118 0273 0872 36.786 11470 7.605 87.230 201 21 3.400 2942 0250 0850 39.993 11.764 7.915 93.113 21 22 3.604 2775 0230 0830 43.392 12.042 8.217 98.941 22 23 3.820 2618 0213 0813 46.996 12.303 8.510 104.700 23 24 4.049 2470 0197 0797 50815 12.550 8.795 110381 24 25 4.292 2330 0182 0782 54364 12.783 9.072 115973 25 26 4.549 2198 0169 0769 59.156 13.003 9.41 121.468 27 4.822 2074 0157 0757 63.706 13.211 9.603 126.860 28 5.112 1956 0146 0746 68.528 13.406 9.857 132.142 28 ARE 26 27 29 5.418 1846 0136 0736 73.640 13591 10.103 137.309 29 30 5.743 1741 0126 0726 79.058 13.765 10.343 142.359 30 31 6.088 1643 0118 0718 84.801 13.929 10.374 147.286 31 32 6.453 1550 0110 0710 90.890 14.084 10.799 152090 32 33 6.841 1462) 0103 0703 97343 14.230 11.017 156.768 33 34 7.251 3379 00960 0696 104.184 14.368 11.228 161319 34 35 7686 1301 00597 0690 111435 14.498 11432 165.743 35 401 10.286 0972 00646 0665 154.762 15.046 12.359 185.957 40 45 13.765 0727 00470 0647 212743 15.456 XX.141 203.109 45 500 18420 0543 00344 0634 290335 15.762 13796 217457 50 55 24.650 0406 00254 0625 394171 15.991 14.341 229.322 55 60 32.988 0303 00188 0619 533 126 16161 14.791 239 043 68 65 44.145 0227 00139 0614 719.050 16.289 15.160 246.945 65 70 59.076 0169 00103 0610 967.928 16.385 15.461 253.327 79 75 79.057 0126 00077 0608 1300,9 16456 35.706 258.453 75 105.796 00945 00057 0606 17466 16.509 15.900 262.549 50 85 141.578 00706 00043 0604 23430 16549 16062