Question: Val is considering purchasing a new video plasma display panel to use with her notebook computer. One model, the XJ3. costs $300 new, while another.

 Val is considering purchasing a new video plasma display panel to

Val is considering purchasing a new video plasma display panel to use with her notebook computer. One model, the XJ3. costs $300 new, while another. the Y19, sells for $3600. Val home: the 703 will last about three years. at which point it could be sold for $1100, While the Y19 will last for only mo years and will also sell for S1 100. Both panels give similar service. except the Y19 is not suitable for client presentations. Ii she buys the Y19. about four time-.1 a year she will have to rent one similar to the X13. at a total year-end cost 01 about 5375. Using present worth and the least common multiple ofthe service lives, determine which display panel Val should buy. Vai's MARR Is 10 percent . Click the icon to view the table of compound interest factors for discrete compounding periods when i = 10%. The present cost of the XJ3 is 51:]. The present cost of the Y19 is SE]. Val should buy the IE model. (Round to the nearest cent as needed.)

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