Question: You can purchase an optical scanner today for $ 6 0 0 . The scanner provides benefits worth $ 7 7 a year. The expected

You can purchase an optical scanner today for $600. The scanner provides benefits worth $77 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 12%.
Should you purchase the scanner today?
multiple choice 1
Yes
No
When is the best purchase time?
multiple choice 2
Wait for 4 years
Wait for 6 years
Wait for 5 years

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