Question
A printer costs $900 and has a salvage value of $300 after 5 years. The annual maintenance is $50 and the interest rate is 8%
A printer costs $900 and has a salvage value of $300 after 5 years. The annual maintenance is $50 and the interest rate is 8% so that the NPV is -$895. The equivalent annual cost is most nearly
A) $300
B) $327
C) $270
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The World Economy Geography, Business, Development
Authors: Frederick P. Stutz, Barney Warf
6th edition
321722508, 321722507, 978-0321722508
