nd training, would be a S10-million investment for savings in shipping expenses must there be to justify the purchase of the software? ng the purchase of software that will minimize shipping expenses in its supply chain network. This software, including installation the retailer if the firm's effective interest rate is 18% per year and the life of the software is six years, what annual Click the icon to view the interest and annuity table for discrete compounding when i-18% per year. The annual savings in shipping expenses are s million. (Round to three decimal places.)