An company buys a color printer that will cost 18000 to buy


An company buys a color printer that will cost $18,000 to buy, and last 5 years. It is assumed that it will require servicing costing $500 each year. What is the equivalent annual annuity of this deal, given a cost of capital of 12%?

A) -$3983

B) -$4002

C) -$5493

D) -$4957

Request for Solution File

Ask an Expert for Answer!!
Financial Management: An company buys a color printer that will cost 18000 to buy
Reference No:- TGS01084758

Expected delivery within 24 Hours