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Computer Purchase: This question requires the use of an Excel file that can be downloaded from the link shown in the instruction above. The spreadsheet

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Computer Purchase: This question requires the use of an Excel file that can be downloaded from the link shown in the instruction above. The spreadsheet named "Cost Comparison" in the Excel file provides data about a company that sells books and that is budgeting for hardware and software purchases for the upcoming 3 years. The company determined that costs invested today will be discounted over time and, therefore, identified the discounted rates for years elapsed after Time 0 (shown in cells C2:E2). Each name listed in Cells A4:49 is one item that will incur costs. Each value in Cells B4:19 is a cost to be invested at a certain time (an empty cell indicates no cost for that item-year combination). Note that "Time O" is the beginning of the three-year period; "Year 1", "Year 2" and "Year 3" are the ends of the first, second, and third years respectively. Column Findicates the total "Present Value Costs" (PVC) of the items over the three-year period. The PVC of an item-year combination is calculated by multiplying the discount rate with the item cost. What is the total PVC for all years (Cell F11)? (enter numeric digit(s) (with up to 2 decimal places; do not use any comma) to the nearby box) A B F 1 2 Discount Rate D E COST OF NEW COMPUTER 0.9325 0.8109 0.7051 1 Time 0 Year 1 Year 2 Year 3 Present Value Costs 3 4 Computer 5 Software 6 Additional Hardware 7 Training 8 Software upgrades 9 Maintenance 10 11 Total Costs 12 $ 1,000.00 $ $ $ $ 2,000.00 $ $ $ $ 800.00 $ $ $ $ 800.00 $ $ $ $ $ 1,000.00 $ 1,000.00 $ 500.00 $ $ 500.00 $ 600.00 $ 700.00

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