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please in lude excel functions and steps added. Thank you!! 7-7. An office in Fort Collins uses 1,000 photocopies per working day, and there are

please in lude excel functions and steps added. Thank you!! image text in transcribed
7-7. An office in Fort Collins uses 1,000 photocopies per working day, and there are 200 working days a year. The brand A copying machine costs $3,000 and will produce a total of 1 million copies before it wears out. The brand B machine costs $5,000 and will produce 2 million copies in its life. Maintenance and material costs are $0.03 a copy with either machine, and neither machine will have any salvage value. The required return is 10 percent a year. Which machine should the company acquire? Why

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