What annual savings in shipping expenses mush

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A large electronic retailer is considering the purchase of software that will minimize shipping expenses in its supply chain network. This software, including installation and training, would be a $10 million investment for the retailer. If the firms effective interest rate is 15% per year and the life of the software is four year, what annual savings in shipping expenses mush there be to justify the purchase if the software

Reference no: EM13148464

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