The firm is evaluating their disbursements. Each check costs $ 1.22 while an ACH only costs $

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The firm is evaluating their disbursements. Each check costs $ 1.22 while an ACH only costs $ 0.12. It would cost $13,000 to fully switch from checks to ACH-based disbursements. The opportunity cost of funds is 10 percent.

Assume that the firm will remain a going concern in perpetuity.

What is the number of payments which results in an NPV of 0?

Related Book For answer-question

Intermediate Microeconomics

ISBN: 978-0393123968

9th edition

Authors: Hal R. Varian

Posted Date: Mar 18, 2023 07:02 AM

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The firm is evaluating their disbursements. Each check costs $ 1.22 while an ACH only costs $

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Intermediate Microeconomics

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