Question: New Vision engineering is considering purchasing an all-in-one copy machine that will last for the next 6 years and have no salvage value at the

New Vision engineering is considering purchasing an all-in-one copy machine that

New Vision engineering is considering purchasing an all-in-one copy machine that will last for the next 6 years and have no salvage value at the end of its life. The machine will cost $6000 to purchase. In terms of cost savings there is an annual savings (which occurs at the end of the year) of $1700 in the first year, but the savings will decrease by 5% per year thereafter. If the company viewed the purchasing of this printer as an independent project and their annual MARR is 15%, what is the present worth of the printer? $1150.87 $268.49 $2953.53 $201.30

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