Problem:
A new security system has a price-tag of $9,000.00, but should save your company $3,875.00 each year for the next 10 years in reduced thefts.
Required:
Question: What is the NPV of the security system?
- $14,791
- $14,284
- $13,253
- $13,725
- $13,209
Note: Provide support for rationale.