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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 eleven

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 eleven years and have no salvage value. 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: (Use Microsoft Excel to calculate Present Values. Do not round intermediate calculations.)

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