Sensotech, Inc., a maker of microelectromechanical systems, believes it can reduce product recalls by 10% if it
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Sensotech, Inc., a maker of microelectromechanical systems, believes it can reduce product recalls by 10% if it purchases new software for detecting faulty parts. The cost of the new software is $225,000. Identify the symbols involved and the values for the symbols that are given in determining how much the company would have to save each year to recover its investment in 4 years at a minimum attractive rate of return of 15% per year.
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