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Your firm has the option of making an investment in new software that will cost $142,847 today, but will save the company money over several

Your firm has the option of making an investment in new software that will cost $142,847 today, but will save the company money 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 minimum annual return of 9% on all investments? The present value of the stream of savings estimates is $?

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mew software that will cost $142,847 today, but will save the company money over several years. You estimate Firm make this investment if it requires a minimum annual return of 9% on all investments? es is $ . (Round to the nearest dollar) Data Table - (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year Savings estimate 1 $39,000 2 $54,600 3 $50,700 4 $27,300 5 $15,600 Print Done then click Check Answer Clear All MacBook 208 000 000 F4 F5 00 F7 DII F8 F9 $ % A & ( 4 5 6 7 8 ) 0 9

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