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Your company will purchase a construction scheduling program. Vendor A's initial costs is $75,000 and you expect a positive cash flow of $18,000 every year
Your company will purchase a construction scheduling program. Vendor A's initial costs is $75,000 and you expect a positive cash flow of $18,000 every year for the 7-year life of the product. Vendor B's software costs $90,000 and you expect a positive cash flow of $24,000 every year for the 7-year lifetime of the product. If your firm's MARR is 10% what is vendor A's software's future worth in dollars?
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