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Newsys Inc. will generate $30,000 per year for the next five years from a new database system. The system

Newsys Inc. will generate $30,000 per year for the next five years from a new database system. The system requires an investment of 120,000 today. If the opportunity cost of funds is 6%, is the system worth installing?
 
File name: Newsys-Inc.xls File type: application/vnd.ms-excel Price: $3