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The phant savo mother Yes O No Data Table Cinese Year 510300 3 4 5 Done Your firm has the option of making an investment

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The phant savo mother Yes O No Data Table Cinese Year 510300 3 4 5 Done Your firm has the option of making an investment in new software that will cost $296,681 today, but will save the company money over several years. You estimate minimum annual return of 9% on all investments? The present value of the stream of savings estimates is $ (Round to the nearest dollar.) Should the firm make this investment if it requires a minimum annual return of 9% on all investments? (Select the best answer below.) O Yes Data Table (Click on the icon here in order to copy the co into a spreadsheet.) Year Savings 1 $81. 2 $113, 3 $105, 4 $56.7 5 $32.4 Print Done By over several years. You estimate that the software will provide the savings shown in the following table over its 5-year life, Should the firm make this investment if it requires a below) ble icon here in order to copy the contents of the data table below sheet) Year 1 2 3 4 5 Savings estimate $81.000 $113,400 $105,300 $56.700 $32.400 Print Done

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