Question: You can purchase an optical scanner today for $ 4 4 0 . The scanner provides benefits worth $ 8 0 a year. The expected

You can purchase an optical scanner today for $440. The scanner provides benefits worth $80 a year. The expected life of the scanner
is 10 years. Scanners are expected to decrease in price by 30% per year. Suppose the discount rate is 14%. When is the best time to
purchase the scanner? (Round your answer to the nearest cent.)
NPV is maximized when you wait 0,? years to purchase the scanner. At
this date NPV will be equivalent to today.
You can purchase an optical scanner today for $440. The scanner

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