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Your firm has the option of making an investment in new software that will cost $184,992 today, but will save the company money over several

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Your firm has the option of making an investment in new software that will cost $184,992 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, I should the firm make this investment if it requires a minimum annual return of 12% on all investments? The present value of the stream of savings estimates is $. (Round to the nearest dollar) Should the firm make this investment if it requires a minimum annual return of 12% on all investments? (Select the best answer below.) Yes No n investment in new software that will cost $184,992 today, but will save the company money ove S - Data Table a in order to copy the contents of the data table below (Click on the icon here into a spreadsheet.) Year 1 2 3 4 5 Savings estimate $54,000 $75,600 $70,200 $37,800 $21,600 Print Done

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