$[$Study guide $-$ Midterm $2]$ Health Care Systems of the South is about to buy an expensive piece of

diagnostic equipment. The company estimates that it will generate uniform revenues of $$500,000$

for each of the next eight years. If the equipment cost $$2,750,000,$ should the company purchase it$?$

$($interest rate $=6\%)$

Yes because revenues are more than the investment

No because revenues are less than the investment

More data is necessary

All of the above

None of the above