You always need a printer-scanner-copier. You can go with an inkjet printer or a laser printer. The inkjet model costs $177 and lasts five years. Replacement ink costs $210, and you will to purchase it at the end of years 1, 2, 3, and 4. The laser model costs $430 and lasts 6 years. Black toner for the laser model costs $92 and will need to be replaced in years 2, 4, and 5. Color toner for the laser model costs $300 and will need to be replaced in years 3 and 5. Your paper cost remains the same with either option. Your opportunity cost of capital is 7% APR compounded annually.

What is the NPV of purchasing the inkjet model? Round to four decimals.

What is the EAC of purchasing the inkjet model? Round to four decimals

What is the NPV of purchasing the laser model? Round to four decimals.

What is the EAC of purchasing the laser model? Round to four decimals.

Which type of printer should you purchase?