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Problem 8-35 Investment Timing (LO5) You can purchase an optical scanner today for $500. The scanner provides benefits worth $68 a year. The expected life

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Problem 8-35 Investment Timing (LO5) You can purchase an optical scanner today for $500. The scanner provides benefits worth $68 a year. The expected life of the scanner is 10 years. Scanners are expected to decrease in price by 30% per year. Suppose the discount rate is 12%. Should you purchase the scanner today? O Yes O No When is the best purchase time? O Wait for 4 years O Wait for 6 years O Wait for 5 years

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