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Your firm has the option of making an investment in new software that wil cost $267,074 today, but wil save the company money over soveral
Your firm has the option of making an investment in new software that wil cost $267,074 today, but wil save the company money over soveral years. You estimate that the soliware will peovide the savings shown in the following table over its 5-year ife. Should the frm make this investment if it requires a minimum annual return of 6% on all investments? The present value of the stream of savings estmates is : (Round to the nearest dollar.) Your firm has the option of making an investment in new software that wil cost $267,074 today, but wil save the company money over soveral years. You estimate that the soliware will peovide the savings shown in the following table over its 5-year ife. Should the frm make this investment if it requires a minimum annual return of 6% on all investments? The present value of the stream of savings estmates is : (Round to the nearest dollar.)
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