Asked by Vanessa
Your firm has the option of making an investment in new software that wil cost $130,000 today and is estimated to provide the savings shown in the table over5 years.
year savings estimate
1 $35,000
2 50,000
3 45,000
4 25,000
5 15,000
should the firm make this investment if it requires a minimum annual return of 9% on all investments?
year savings estimate
1 $35,000
2 50,000
3 45,000
4 25,000
5 15,000
should the firm make this investment if it requires a minimum annual return of 9% on all investments?