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Acme Corporation is investing in a computer network with an initial cost of $55,000 and an annual maintenance cost of $3000. After 5 years, the
Acme Corporation is investing in a computer network with an initial cost of $55,000 and an annual maintenance cost of $3000. After 5 years, the maintenance costs go up $1000 each year thru the 10-year life of the system. The system has a salvage value of $10,000 at the end of its life. With a 10% interest rate, what is the total present cost of this system?
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Systems Analysis and Design
Authors: Scott Tilley, Harry J. Rosenblatt
11th Edition
1305494601, 9781305533936 , 978-1305494602
