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You can purchase an optical scanner today for $ 4 4 0 . The scanner provides benefits worth $ 8 0 a year. The expected

You can purchase an optical scanner today for $

440 .

The scanner provides benefits worth $

80

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

14 % .

When is the best time to purchase the scanner?

(

Round your answer to the nearest cent.

)

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