Question: Minden Co. is considering buying new computer software that will assist customers in their product choices. The cost is $100,000. The benefit will be an

Minden Co. is considering buying new computer software that will assist

Minden Co. is considering buying new computer software that will assist customers in their product choices. The cost is $100,000. The benefit will be an additional cash inflow of $25,000 for four years, at which point the software will need replacing with a more modern version. The payback is * 1 year 2 years 3 years 4 years 5 years

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