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I need help in this question. Please I also posted the solution to same question with different values. Please use same method and solve both
I need help in this question. Please I also posted the solution to same question with different values. Please use same method and solve both so i can get correct answers
9-68: An analog oven has a useful life of 8 years and costs $40,000. A digital oven costs $57,200. Assume 6% interest. What useful life is required for the digital oven to be a better decision financially? Use annual analysis. Answer: 13.06 years Reasoning/Work: Need Aanalog= 40,000(A/P,6%,8) = $6441.44 = Adigital =57,200(A/P,6%,n) TI-83 TVM Solver givers n = 13.06 years This study source was downloaded by 100000788493483 from CourseHero.com on 10-26-2021 05:15:52 GMT-05:00 6: An analog oven has a useful life of 7 years and costs $50,000. A digital oven costs $63,200. Assume 6.6% interest. What useful life is required for the digital oven to be a better decision financially? Use annual analysis. Answer: {to within one hundredth year like 12.67) Reasoning/Work
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