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per year, com 2 Radio Frequency Identification (RFID) is a oun speed passes a at tol booths and ranchers who track livestock to fork. Thrift-Mart

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per year, com 2 Radio Frequency Identification (RFID) is a oun speed passes" a at tol booths and ranchers who track livestock to fork." Thrift-Mart is implementing the technology to track products within its stores. Th RFID-tagged products will result in better in tory control and save the company $1.3 million month beginning 3 months from now. How can the company afford to spend now to implement the technology at an interest rate of 12% compounded monthly, if it wants to recover its in- ven- per year. vestment in 2 years? Also, write a spreadsheet function to display the

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