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Your firm has the option of making an investment in new software that will cost $371,022 today and is estimated to provide the savings shown

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Your firm has the option of making an investment in new software that will cost $371,022 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 8% on all investments? The present value of the stream of savings estimates is $(Round to the nearest dollar.) i Data Table on the icon located on the top-right corner of the data table below in order to (Click copy its contents into a spreadsheet.) Year Savings estimate $99,000 1 $138,600 3 $128,700 $69,300 4 5 $39,600

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