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The Atlantic Medical Clinic can purchase a new computer system that will save $11,000 annually in...

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The Atlantic Medical Clinic can purchase a new computer system that will save $11,000 annually in billing costs. The computer
The Atlantic Medical Clinic can purchase a new computer system that will save $11,000 annually in billing costs. The computer system will last for nine years and have no salvage value. Click here to view Exhibit 128-1 and Exhibit 12B:2. to determine the appropriate discount factor(s) using tables. Required: What is the maximum price (ie, the price that exactly equals the present value of the annual savings in billing costs that the Atlantic Medical Clinic should be willing to pay for the new computer system if the clinic's required rate of return is: (Round your final answers to the nearest whole dollar amount.) Maximum Price 1. Eight percent 2. Eleven percent

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Rate of Retuln Annue Savw 11,000 CP fe of Aset ylars Mayimum Pie Por hesent Valur of Annual cavigs Computer ytem AR Besenthope you liked my answer and if you do, don't forget to give a Thumb's up.??

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