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The copier downstairs is always on the fritz. We need your help deciding if we should get a new one. Here are the facts: Current
The copier downstairs is always on the fritz. We need your help deciding if we should get a new one. Here are the facts: Current value of copier Value of current copier in 5 years Cost of repairs needed for current copier to work Cost of new copier Value of new copier in 5 years $2,000 $500 $500 $7,000 $2,000 Annual expenses for the two Old Maintenance $400 Labor $12,000 Energy $800 Water $400 New $200 $12,000 $500 $400 1. Which costs are irrelevant? 2. Which would you choose and why
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