Problem
Find the EAC after taxes for a computer that costs $15,000 to purchase and $3500 per year to run and that has a salvage value of $1000 at the end of year 7. The company's profit exceeds $20 million per year, and it is purchasing $850,000 worth of capital assets this year. The company uses an interest rate of 12%.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.