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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…
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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%

User Porg
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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
User James Wong
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