The U.S. Navy’s robotics lab at Point Loma Naval Base in San Diego is developing robots that will follow a soldier’s command or operate autonomously. If one robot would prevent injury to soldiers or loss of equipment valued at $1.5 million per year, how much could the military afford to spend now on the robot and still recover its investment in 4 years at 8% per year?
The U.S. Navy’s robotics lab at Point Loma Naval Base in San Diego is developing robots that will follow a soldier’s command or operate autonomously. If one robot would prevent injury to soldiers or loss of equipment valued at $1.5 million per year, how much could the military afford to spend now on the robot and still recover its investment in 4 years at 8% per year?
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
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The U.S. Navy’s robotics lab at Point Loma Naval Base in San Diego is developing robots that will follow a soldier’s command or operate autonomously. If one robot would prevent injury to soldiers or loss of equipment valued at $1.5 million per year, how much could the military afford to spend now on the robot and still recover its investment in 4 years at 8% per year?
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