Question
n=10 yrs i =7% A) a company bought a machine for $10,0000 B) $2000.00 is Earned as Annual Income from end of years 1-10 C)
n=10 yrs i =7%
A) a company bought a machine for $10,0000
B) $2000.00 is Earned as Annual Income from end of years 1-10
C) $400.00 is the Annual Maintenance Cost of the machine
from years 2-10 (the first year is under warranty)
D) the machine can be sold for scrap at the end of year 10 for $1,500.00
E)There is a one time payment (cost) for machine upgrades in year 8 of $2500
F) There is a one time rebate (income) from the testing manufacturer in year 1 of $750
draw the cash flow diagram and find the future value at year 12
must show all step please do not give me a table or excel stuff also we must not use F/P or P/F
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