What annual benefit must the dell laptop provide

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Question: Compare two Laptops:

Dell: Initial Cost = $500. Useful Life = 10 years. No Salvage Value

HP: Initial Cost =$350. Annual Benefit = $100. Useful Life = 5 years. No Salvage Value.

What annual benefit must the Dell laptop provide so the IRR will meet an MARR of 9%?

Reference no: EM131959814

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