Question: Suppese a company is deciding whether to purchase new software. The payback period for the ($ 30,000) software package is 4 years, and the software's
Suppese a company is deciding whether to purchase new software. The payback period for the \(\$ 30,000\) software package is 4 years, and the software's expected life is 6 years. What are the expected annual net cash savings from the new software?
a. \(\$ 5,000\)
b. \(\$ 130\)
c. \(\$ 200\)
d. \(\$ 7,500\)
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