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A company considers purchasing new inventory management software which is expected to become obsolete at the end of this year. It will cost them $

A company considers purchasing new inventory management software which is expected to become obsolete at the end of this year. It will cost them $21,000 today, but they expect it to save $23,200 in storage and shipping costs, which must be paid exactly one year from today. If interest rates are 10% annually, what is the net present value of the investment?

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