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Nakamichi Bancorp has made an investment in banking software at a cost of $1,806,200. Management expects productivity gains and cost savings over the next several
Nakamichi Bancorp has made an investment in banking software at a cost of $1,806,200. Management expects productivity gains and cost savings over the next several years. If, as a result of this investment, the firm is expected to generate additional cash flows of $526,900, $777,600, $459,600, and $312,760 over the next four years, what is the investment
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