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An energy-efficient air compressor is proposed by a vendor. The compressor will cost $30,000 installed, and will require $1,000 worth of maintenance each year for its life of 10 years. The energy cost will be $6,000 per year. A standard air compressor will cost $25,000 and will require $500 worth of maintenance each year. Its energy cost will be $10,000 per year. If your company uses a MARR of 10%, would you invest in the energy-efficient air compressor?
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You are required to demonstrate your ability to assess, analyse and describe the process of setting up a small business by way of a report.
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What was the purpose of creating the Federal Reserve System?
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