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q1/ The owner is advertising a machine for sale. An investor estimates that the machine could be rented out for $600 per month. Taxes
q1/ The owner is advertising a machine for sale. An investor estimates that the machine could be rented out for $600 per month. Taxes and minor maintenance expenses are -stimated at $1200 per year and will be paid by the investor. The investor thinks he could sell the machine for $85 000 after 5 years. a- What is the largest amount that the investor can offer for the machine if his MARR is 12%, compounded * *?monthly 79511 O 59511 O 69511 O 65000 75000 O
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