Question
After your illustrious career as a figure skater, you settle down and open an ice skating rink of your own. Now it's time to
After your illustrious career as a figure skater, you settle down and open an ice skating rink of your own. Now it's time to buy a Zamboni, and there are several options to choose from Using the information given below and assuming an interest rate of 6%, which option should you select if you need a Zamboni for the next 20 years? Initial Cost Annual Maintenance Resell Value Useful Life Electric Zamboni $120,000 $18.000 $83.000 10 years Electric Zamboni O Gas Zamboni Neither Zamboni Gas Zamboni $94,300 $14.000 $62.000 5 years 6 15 pot What is the annual worth of the Gas Zamboni option? Do not include a $ in your answer.
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Project Management Achieving Competitive Advantage
Authors: Jeffrey K. Pinto
4th edition
133798070, 978-0133798074
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