A5

A large silicon fabrication company is considering adding a new line to produce chips for upcoming cell phones. The company will sell each chip for $20 in bulk on average to the phone manufactures. The cost of the new line will be $23 million and have an expected operating and maintenance cost of 5 million per year. Assuming a MARR of 10%, which Exce| entry should you use to determine the number of chips that need to be sold yearly to break even in 2 years? 23/20/PV(10,2,1)+ 5/20) 23/20/PMT(10%,2,23) + 5/20)'\" 1000000 23/20/PV(10%,2,1)+ 5/20}*1000000 23/20/NPV(10%,2,23) + 5/20) O l O l O l O l