Question: A software package created by Navarro & Associates can be used for analyzing and designing three-sided guyed towers and three- and four sided self-supporting towers.
A software package created by Navarro & Associates can be used for analyzing and designing three-sided guyed towers and three- and four sided self-supporting towers. A single-user license will cost $4000 per year. A site license has a one-time cost of $15,000. A structural engineering consulting company is trying to decide between two alternatives: first, to buy one single-user license now and one each year for the next 4 years (which will provide 5 years of service), or second, to buy a site license now. Determine which strategy should be adopted at an interest rate of 12% per year for a 5-year planning period using present worth evaluation.
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