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The business where you work had a sales pitch from a company automating some document handling processes at a cost of R500 000 per year

The business where you work had a sales pitch from a company automating some document handling processes at a cost of R500 000 per year for the next 5 years. It is estimated that doing so will save the company R2 000 000 in todays terms. Assume a discount rate of 5% is applicable. Would it be worthwhile for the company to go for the automation process or retain its current practice?

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