Question: Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Your firm has the

 Data table (Click on the icon here in order to copy
the contents of the data table below into a spreadsheet.) Your firm
has the option of making an investment in new software that will

Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Your firm has the option of making an investment in new software that will cost $262,643 today, but will save the company money over several years. You estimate that the software will provide the savings shown in the following table over its 5-year life, Should the firm make this investment if it requires a minimum annual return of 11% on all investments? The present value of the stream of savings estimates is \$ (Round to the nearest dollar.) Your firm has the option of making an investment in new software that will cost $262,643 today, but will save the company money over several years. You estimate that the software will provide the savings shown in the following table over its 5-year life, Should the firm make this investment if it requires a minimum annual return of 11% on all investments? The present value of the stream of savings estimates is $ (Round to the nearest dollar.) Your firm has the option of making an investment in new software that will cost $262,643 today, but will save the company money over several years. You estimate that the software will provide the savings shown in the following table over its 5-year life, Should the firm make this investment if it requires a minimum annual return of 11% on all investments? The present value of the stream of savings estimates is \$ (Round to the nearest dollar.)

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