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Your firm has the option of making an investment in new software that will cost $ 1.30,000 today and is estimated to provide the savings

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Your firm has the option of making an investment in new software that will cost $ 1.30,000 today and is estimated to 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

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