Question: Dashboard / My courses / ACCT222-2251 / Sections / Week 2: Feb 28-Mar 6 / Hwk 2 Question 10 The local school board is considering

Dashboard / My courses / ACCT222-2251 / Sections / Week 2: Feb 28-Mar 6 / Hwk 2 Question 10 The local school board is considering the purchase of a new computer system. It will cost Not yet $100,000 and will be sold back to the dealer at the end of 6 years for $8,000. If the required rate answered of return is 14%, what is the minimal annual cost saving required to justify the purchase? Ignore Marked out of 1.00 income taxes. Flag question Select one: O a. $23,142 O b. None of these O C. $24,776 O d. $23,656 O e. $25,714

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