Question: PARTA: Answer all the following questions. (14 points each) 1. Bank ABC is planning to install an ATM inside the campus. The cost of an

 PARTA: Answer all the following questions. (14 points each) 1. Bank

PARTA: Answer all the following questions. (14 points each) 1. Bank ABC is planning to install an ATM inside the campus. The cost of an ATM machine 60,000S including the installation costs. It is expected that an ATM will complete 100.000 transactions per year for 4 years. The cost of each each transaction is 5cents Discount rate is 10% and present value of all benefits of ATM are 75.0005. Is it profitable to install the ATM or not

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