Suppose Juda Valley is deciding whether to purchase new accounting software. The payback for the $29,985 software package is five years, and the software's expected life is seven years. Juda Valley's required rate of return for this type of project is 9.0%. Assuming equal yearly cash flows, what are the expected annual net cash savings from the new software? + = Expected annual net cash inflow + Suppose Juda Valley is deciding whether to purchase new accounting software. The payback for the $29,985 software package is five years, and the software's expected life is seven years. Juda Valley's required rate of return for this type of project is 9.0%. Assuming equal yearly cash flows, what are the expected annual net cash savings from the new software? + = Expected annual net cash inflow + Amount invested Average amount invested Expected useful life Payback Required rate of return