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A firm manufactures and sells high quality printers and toners. Each printer sells for $790 and each toner for $70. The average user keeps the

A firm manufactures and sells high quality printers and toners. Each printer sells for $790 and each toner for $70. The average user keeps the printer for 5 years and consumes 4 toners every year. The typical user prints approximately 3000 pages per year at a value of $0.18 per page over the first 3 years and 70% of that amount in the last 2 years they own the printer. Using rate of return analysis to determine if a user with a MARR = 2% should purchase the printer.

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