Answer:
The present value for eliminating this cost will be of $1,130,434.78
Explanation:
we solve for the present value of a perpetual annuity as this cost goes forever unless we change into electronically afterwich; they disappear entirely.
[tex]\frac{C}{r} =PV[/tex]
[tex]\frac{5,200}{0.46} = 1,130,434.78[/tex]
