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The Atlantic Medical Clinic can...

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Accounting

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The Atlantic Medical Clinic can purchase a new computer system that will save $4,000 annually in billing costs. The computer system will last for twelve years and have no salvage value. Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropilate discount factor(5) using tables. Required: What is the maximum price (i.e, the price that exactly equals the present value of the annual savings in biling costs) Atlantic Medical Clinic should be willing to pay for the new computer system if the clinic's required rate of return is: Note: Round your final onswer to the neorest whole dollor amount. Freseet Vabas of an Anainery of 51 is Arran; r1x+(1+r)r1

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