Question
The new copier your company has recently bought is expected to incur the following repair costs: Year Repair Cost 1 $ 0 2 500 3
The new copier your company has recently bought is expected to incur the following repair costs:
Year Repair Cost
1 $ 0
2 500
3 500
4 1500
5 2000
The dealer has offered you a 5-year maintenance contract for $800 per year payable at the end of each year. Your companys MARR is 6% per year. Is this a good deal
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Public Finance
Authors: Harvey S Rosen
6th Edition
0072374055, 978-0072374056
