How long would it take to recover and investment of $250,000 in enhanced CNC controls that include axis control to eight axes on the milling model, if the associated income is $80,000 per year, expense is $40,000 per year, and salvage is $180,000 at end of first year and decreases by $2,0,000 every year after year one. MARR=6%.Hint: Payback period is between 4 and 8 years. please don't use software and show work
How long would it take to recover and investment of $250,000 in enhanced CNC controls that include axis control to eight axes on the milling model, if the associated income is $80,000 per year, expense is $40,000 per year, and salvage is $180,000 at end of first year and decreases by $2,0,000 every year after year one. MARR=6%.Hint: Payback period is between 4 and 8 years. please don't use software and show work
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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How long would it take to recover and investment of $250,000 in enhanced CNC controls that include axis control to eight axes on the milling model, if the associated income is $80,000 per year, expense is $40,000 per year, and salvage is $180,000 at end of first year and decreases by $2,0,000 every year after year one. MARR=6%.Hint: Payback period is between 4 and 8 years. please don't use software and show work
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