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Your company is considering updating its current manual accounting system with a high-end electronic system. While the new accounting system would save the company money,

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Your company is considering updating its current manual accounting system with a high-end electronic system. While the new accounting system would save the company money, the cost of the system continues to decline. The company's opportunity cost of capital is 10 percent, and the costs and values of investments made at different times in the future are as follows: Required: When should your company buy the new accounting system

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