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D Question 21 1.25 pts You are the facilities director at Monumental Recreation Center. You are considering the purchase of a new mower priced at

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D Question 21 1.25 pts You are the facilities director at Monumental Recreation Center. You are considering the purchase of a new mower priced at $7.500. Currently, your facility uses a 6 small hand-pushed gas mowers that requires 5 part-time employees to maintain all of your grass surfaces. The new mower will do the job much more quickly than the old mowing system and result in a projected labor savings of $2,000 per year for five years. Assume the required rate of return for this project is 7%. Should you purchase the new mower? Yes No Not clear. There is a critical plece of missing information to perform the calculation

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