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Your company is determining whether or not it should invest in a new fleet management system. The system would cost $600,500 and your company's MARR

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Your company is determining whether or not it should invest in a new fleet management system. The system would cost $600,500 and your company's MARR is 13%. You estimate that purchasing the system would save you $200,000 in labor annually, and at the end of 3 years you would realize a salvage value of $400. How would you calculate the present worth of this investment in Excel? Not enough information to determine O =PV(13%, 3. 2000, 400) =-600500+PV (13%. 3.-200000.-400) =-600500+PV (13%. 3. 200000.400)

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