What is a realistic amount your friend might expect to spend

Assignment Help Basic Computer Science

Reference no: EM13805984

Your friend Ron has asked for your help in buying a home computer. He is skeptical of ads for computers that cost less than $500. He intends to use the computer for word processing, e-mail, entertain- ment, and Internet access, and he wants your advice about how much he should budget for a home personal computer system. What is a realistic amount your friend might expect to spend, both at the time of initial purchase and over the next four years of ownership? Use catalogs, computer magazines, or the Internet to obtain current price information. Use a spreadsheet to draw up a sample budget, showing your recommended initial expenditure and the annual cost for the next four years. Break down the costs by the categories described in this chapter. Show the total cost of ownership over the four years that Ron plans to own the computer.

Reference no: EM13805984

Questions Cloud

What is the present value of these payments at discount rate : You are going to receive $7,000 at the end of each quarter for the next eight years. What is the present value of these payments at a discount rate of 9 percent, compounded quarterly?

Health maintenance organization : Beginning with a good initial layout, use operations sequence analysis to determine a better layout that would minimize the walking distance between different areas of the clinic.

Online instructional components : Online Instructional Components

New concrete mixer to replace an inefficient older model : Auburn Concrete Inc. is considering the purchase of a new concrete mixer to replace an inefficient older model that is completely worn out. If purchased, the new machine will cost $90,000 and is expected to generate savings of $40,000 per year for fi..

What is a realistic amount your friend might expect to spend : What is a realistic amount your friend might expect to spend, both at the time of initial purchase and over the next four years of ownership? Use catalogs, computer magazines, or the Internet to obtain current price information

The value of the sample test statistic related issues : What is the value of the sample test statistic? (Round your answer to two decimal places.)

Draw cash flow diagram : Draw and solve the Cash Flow Diagram for Future Value F. This is a 10 year Cash Flow, and interest rate is a compounded 7%). What is the Future Value F of this Engineering Cash Flow Investment?

Analyze the compatibility of objectives and tactics : Analyze the compatibility of objectives, tactics, and targets of one group.

What is the initial weighted average cost of capital : Marginal cost of capital (LO5) The McGee Corporation finds it is necessary to determine its marginal cost of capital. McGee’s current capital structure calls for 40 percent debt, 5 percent preferred stock, and 55 percent common equity. What is the in..

User Account

All Pages