6 Problem 8-35 Investment Timing (L05) 10 You can purchase an optical scanner today for $550. The scanner provides benefits worth $76 a year. The expected life of the scanner is 10 years. Scanners are expected to decrease in price by 20% per year. Suppose the discount rate is 11%. points Should you purchase the scanner today? eBook Yes Hint When is the best purchase time? Print O Wait for 4 years O Wait for 5 years O Wait for 6 years References