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A new software system is being considered to replace an antiquated Microsoft Dos System. It is estimated that the new system will cost $600,000 to
A new software system is being considered to replace an antiquated Microsoft Dos System. It is estimated that the new system will cost $600,000 to install now. However, the old antiquated Microsoft Dos system may be xed at a cost to last for another two years. If the new software system is delayed for another two years, it could be bought and installed at the same cost of $600,000. The company is in a budget squeeze and having problem finding the money now for the new system and is therefore considering a two year delay for the installation of the new system. If money is worth 15%, how much can the company afford to spend to fix the old system to be functional for two more years? O $193,200 0 $146,340 0 $133,450 0 $222,500
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