Question: 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 over 5 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?