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Whispering Winds, Inc, is considering purchasing equipment costing $84000 with a 6 -year useful life. The equipment will provide annual cost savings of $21000 and

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Whispering Winds, Inc, is considering purchasing equipment costing $84000 with a 6 -year useful life. The equipment will provide annual cost savings of $21000 and will be depreciated straight-line over its useful life with no salvage value. Whispering Winds requires a 10% rate of return. What is the approximate profitability index associated with this Equipment? 1.060.731.091.25

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