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Price Mort is considering outsourcing its billing operations. A consultant estimates that outsourcing should testin cho $9.500 the first year, $15.500 for the next two
Price Mort is considering outsourcing its billing operations. A consultant estimates that outsourcing should testin cho $9.500 the first year, $15.500 for the next two years, and $18,500 for the next two years. Interest is at 10%. Assume cathows the end of the year (EV 1. ex of $1. EVA R$1. PVA of $1. EVAD 01 and PVAD (Use appropriate factor from the tables provided) Required: Calculate the total present value of the cash flows. (Do not round Intermediate calculations. Round your final answer to test whole dollar)
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