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Engineering building of Istanbul Bilgi University needs a single copy machine. There are three options available (A, B, and C), all have useful life of

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Engineering building of Istanbul Bilgi University needs a single copy machine. There are three options available (A, B, and C), all have useful life of 5 years and the university must buy one of those. The details are shown below. The first year's maintenance is included in the initial cost as there is a warranty certificate for the first year. The annual interest rate is 13 percent. Annual maintenance cost and resale values of these machines are given in the table. Calculate NPV for machine A. Give your answer only by using numeric inputs using three digits after the decimal point. Make sure that you use decimal point not a comma. A B C Initial Investment 6000 34000 30000 Annual Maintenance Cost 7000 7000 2000 Resale Value 3000 1000 1000

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