Question: Team Activity Divide your team into two groups. In one group, nd a local business, such as a copy shop that rents lime on desktop

Team Activity Divide your team into two groups. In one group, nd a local business, such as a copy shop that rents lime on desktop computers for an hourlyr rate. Q Determine the hourly rate. In the other group, determine the price of a mid- \"m luau range desktop computer at Wechom. Combine this information from the two groups and perform a capital budgeting analysis. Assume that one student will use the computer for 40 hours per semester for the next three years. Also assume that the minimum rate of return is 10%. Use the interest tables in Appendix A in performing your analysis. [Hint- Use the appropriate present 1value of an annuity of $1 factor for 5% compounded for six semiannual periods (periods = 6} .] -Does your analysis support the student purchasing the computer
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