Register

A company buys a color printer that will cost $1,500 to buy, and last 5 years. It is assumed that it will require servicing cost of $200 each year. What is the equivalent annual…

A company buys a color printer that will cost $1,500 to buy, and last 5 years. It is assumed that it will require servicing cost of $200 each year. What is the equivalent annual…
asked 200k views
4 votes
A company buys a color printer that will cost $1,500 to buy, and last 5 years. It is assumed that it will require servicing cost of $200 each year. What is the equivalent annual annuity of this deal, given a cost of capital of 8%

asked
User Porg
by
7.8k points

1 Answer

4 votes

Answer:

The answer is "- $ 575.68".

Step-by-step explanation:

please find the attached file.

A company buys a color printer that will cost $1,500 to buy, and last 5 years. It-example-1
answered
User James Wong
by
7.8k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
Link Copied!