Evaluate if it is worth buying at an interest rate of 6%

Assignment Help Mathematics

Reference no: EM13662144

Mary Williamson, an engineer is allowing for the purchase of a copy machine for her consulting office. The copy machine will cost $2,000 and have a resale value of $400 at the end of its 5-year-life. Having the machine in the office will decrease copy costs by $1,000 a year. Copy machine maintenance may be $500 for the first year and will increase by $100 each year. Evaluate if it is worth buying at an interest rate of 6%?

Reference no: EM13662144

Questions Cloud

Track a relatively present news story and report : Track a relatively present news story and report to the class the way the three media outlets presented the story. Were there surprises to you in your findings?

Explain how decisions are made : Include insights on the influence of worldview in what are valued, explain how decisions are made, show how strategies are formulated, and what are measured as acceptable options for action.

Coworkers nonverbal communication : Explain a situation in which a coworker's nonverbal communication contradicted her or his words. Which message was stronger and what might be some reasons for the lack of alignment?

The maximum investment that the company will make : A company has made the subsequent investments at 18 percent interest rate as shown in the table below.The maximum investment that the company will make in year 1 is equal to?

Evaluate if it is worth buying at an interest rate of 6% : Copy machine maintenance may be $500 for the first year and will increase by $100 each year. Evaluate if it is worth buying at an interest rate of 6%?

Rhetorical devices or fallacies covered : Find which one of the rhetorical devices or fallacies covered so far in our course happens in the passage below.

Personal communication - communication technologies : How you experience communication technologies have influenced your personal communication and our greater society. Also, to what extent have these skills been transformed into devices of mass persuasion?

Laws regarding photographers and journalists behavior : Is it ever fairly correct for a journalist to use deception including eavesdropping devices or hidden cameras to collect information for a news story

Describe what definition and demonstration speeches are : Describe what definition and demonstration speeches are. Then give examples of each kind from your own experience. You may use either speeches you have presented or ones you have viewed.

User Account

All Pages