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Help find the lowest bid HassleFree Web is bidding to provide web hosting services for Hotel Lisbon. Hotel Lisbon pays its current provider $10,000 per

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Help find the lowest bid

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HassleFree Web is bidding to provide web hosting services for Hotel Lisbon. Hotel Lisbon pays its current provider $10,000 per year for hosting its web page. handling transactions. etc. HassleFree gures that it will need to purchase equipment worth $14,900 up front and then spend $2.000 per year on monitoring. updates, and bandwidth to provide the service for 3 years. If HassleFree's cost of capital is 9.3%. can it bid less than 910.000 per year to provide the service and still increase its value by doing so? Hassle-Free can bid as low as $ . (Round to the nearest dollar.)

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