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Your firm has the option of making an investment in new sotware that will cost $314,993 today, but will save the compary money over several

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Your firm has the option of making an investment in new sotware that will cost $314,993 today, but will save the compary money over several years. You estimate that the software will provide the savings shown in the following table over its 5-year ife, .Should the firm make this irvestment if it requires a minimum annual return of g\% on all investments? The present value of the stream of swingt estimates is 5 (Round to the nearest dellar.) Data table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)

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