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Question4 Imagineering, Inc., is considering an investment in CAD-CAM compatible design software with the cash flow profile shown in the table below. Imagineering's MARR is
Question4 Imagineering, Inc., is considering an investment in CAD-CAM compatible design software with the cash flow profile shown in the table below. Imagineering's MARR is 18 %/year. EOY 0 1 2 3 4 5 6 7 Cash Flows (Ms) -$12 -s1 $5 $2 $5 $5 $25 Click here to access the TVM Factor Table Calculator what is the present worth of this investment (in millions)? $ Carry all interim calculations to 2 decimal places and round your answer to the nearest million. The tolerance is 0.05 What is the decision rule for judging the attractiveness of investments based on present worth? Should Imagineering invest
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