Galvanized Products is considering purchasing a new computer system for their enterprise data management system. The vendor has quoted a purchase price of $120,000. Galvanized Products is planning to borrow one-fourth of the purchase price from a bank at 13% compounded annually. The loan is to be repaid using equal annual payments over a 3-year period. The computer system is expected to last 5 years and has a salvage value of $5,500 at that time. Over the 5-year period, Galvanized Products expects to pay a technician $28,000 per year to maintain the system but will save $51,000 per year through increased efficiencies. Galvanized Products uses a MARR of 17%/year to evaluate investments.
Required:
a. What is the present worth of this investment?
b. Should the new computer system be purchased?
Answers: 3
Business, 21.06.2019 20:00
Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks
Answers: 1
Business, 21.06.2019 22:30
What two elements normally must exist before a person can be held liable for a crime
Answers: 1
Business, 22.06.2019 22:30
When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?
Answers: 2
Business, 23.06.2019 03:10
Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither. statement consumer surplus producer surplus neither a local store was having a sale on textbooks, so i bought a used textbook for my brother. i sold a watch for $61, even though i was willing to go as low as $55 in order to sell it. even though i was willing to pay up to $116 for a used laptop, i bought a used laptop for only $110.
Answers: 1
Galvanized Products is considering purchasing a new computer system for their enterprise data manage...
English, 05.06.2020 18:02
Mathematics, 05.06.2020 18:02
Mathematics, 05.06.2020 18:02
Mathematics, 05.06.2020 18:02
Mathematics, 05.06.2020 18:02
Medicine, 05.06.2020 18:02
Mathematics, 05.06.2020 18:03
Computers and Technology, 05.06.2020 18:03