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You can purchase an optical scanner today for $580. The scanner provides benefits worth $85 a year. The expected life of the scanner is 10

You can purchase an optical scanner today for $580. The scanner provides benefits worth $85 a year. The expected life of the scanner is 10 years. Scanners are expected to decrease in price by 20% per year. Suppose the discount rate is 10%. When is the best time to purchase the scanner?

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