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Calculate the roi after 5 years

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Reference no: EM133092463

Your company is purchasing a software package. The initial purchase cost is $5000 and there is a $1000 annual support fee. Each year your company will have a $5000 per year benefit by using the software package. Calculate the ROI after 5 years. Show step by step how you calculated the ROI. (Hint: you should not need a calculator because of the numbers chosen).

Reference no: EM133092463

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