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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