Make sure you show the formula and the answer. You must get the answer correct-no partial credit will be given. Make sure you round to the nearest whole number.
Information for assignment
Investment for a scanner- $30,000
Cash in for scanner-$10,000 per year
Straight line depreciation for scanner- 2,000 per year
Operating costs for scanner- $2500
Interest rate for scanner 7%
Investment for a copier- $10,000
Cash in for copier-$2500 per year
Straight line depreciation for copier- 500 per year
Operating costs for copier- $200.00
You will use a five year time period.
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