3. Contact a dealer who sells expensive capital assets, such as earth-moving or transportation equipment. Find out the costs of acquiring, owning, operating, and disposing of the asset.

Use a spreadsheet program to estimate the amounts and timing of the whole of life costs of the asset. Estimate the cash inflows that the asset will produce. Use your estimates of costs and cash inflows to calculate the NPV, IRR, ROI, and payback of the asset. Make a presentation to your class, detailing the calculations you have made.