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please help me for this asap!!! Carter Company is trying to determine the value of an investment of $10,000 to switch from a manual to
please help me for this asap!!!
Carter Company is trying to determine the value of an investment of $10,000 to switch from a manual to an automated cash disbursement system. It makes 5000 disbursements per year. Each check costs 0.75 on a manual basis and would drop to .07 if the switch is made. The company has an opportunity cost of 5%. Using this information, what would be the investment's NPV? a. $45,000 b. $52,500 .$58,000 d. $65,185Step by Step Solution
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