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The Atlantic Medical Clinic can purchase a new computer system that will save $3,000 annually in billing costs. The computer system will last for six
The Atlantic Medical Clinic can purchase a new computer system that will save $3,000 annually in billing costs. The computer system will last for six years and have no salvage value. Use Excel or a financial calculator to solve. Round answers to the nearest dollar. Required: Up to how much should the Atlantic Medical Clinic be willing to pay for the new computer system if the clinics required rate of return is: 1- Ten percent 2- Twelve percent
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