Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You have set a goal for your business to purchase three pieces of equipment. Find three pieces of equipment for sale online that will help
You have set a goal for your business to purchase three pieces of equipment. Find three pieces of equipment for sale online that will help your business work more efficiently or effectively. Include the URLs. Prioritize the three pieces of equipment that you have chosen in the order you think you need them and the urgency in which you need them. You plan to save money to purchase the equipment. Select between 5-10 years to save to purchase each piece of equipment. In order to have the money saved for your first priority piece of equipment sooner, choose the shortest number of years for the #1 piece of equipment and the longest number of years for the #3 piece of equipment. Choose an interest rate between 2-10% for each piece of equipment. Next, open a blank Excel spreadsheet and type in the purchase price of the equipment you have chosen. Use Excel PV function to calculate what you would need to invest today to buy equipment in the future. Include these items in your post Three URLs Completed Excel spreadsheet Summary paragraph: description of equipment, years and interest rate chosen, PV result
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started