Software package is expected or improve productivity

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A new software package is expected ro improve productivity at grand insurance however because of training and implementation costs savings are not expected to occur until the third year of operation at that time saving of $10000 are expected, increasing by $1000 per year for the following five years. after this time( 8 years from implementation), the software will be abandoned with no crap value. how much is the software worth today at 15% interest?

Reference no: EM131135401

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