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Drice Mart is considering outsourcing its billing operations. A consultant estimates that outsourcing should result in after-tax cash avings of $9,000 the first year, $15,000
Drice Mart is considering outsourcing its billing operations. A consultant estimates that outsourcing should result in after-tax cash avings of $9,000 the first year, $15,000 for the next two years, and $18,000 for the next two years. Assuming a 12% discount rate, calculate the total present value of the cash flows. (FV of $1,PV of $1, FVA of $1, and . (Use appropriate factor(s) from the :ables provided. Round final answer to the nearest whole dollar.)
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