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Justice Enterprises is evaluating the purchase of a new computer network system. The new system would cost $32,000 and have a useful life of 5

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Justice Enterprises is evaluating the purchase of a new computer network system. The new system would cost $32,000 and have a useful life of 5 years. At the end of the system's life, it would have a residual value of $0. Annual operating cost savings from the new system would be $8,500 per year for each of the five years of its life. Justice Enterprises has a minimum required rate of return of 12% on all new projects. The Internal Rate of Return of the new network system would be closest to and Justice would/would not purchase the new system? (Click the icon to view the present value of $1 table.) Click the icon to view the present value of annuity of $1 table.) O A. 27%, would purchase OB. 10%, would not purchase O c. 12%, would purchase OD. 6.6%. would not purchase

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