Question: By purchasing training software for $5,500, you can eliminate other training costs of $3,425 each year for the next 10 years. What is the profitability

By purchasing training software for $5,500, you can eliminate other training costs of $3,425 each year for the next 10 years. What is the profitability index of the software? Use a discount rate of 10.6%.

3.73
3.63
4.05
3.85
3.96

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