Choose a long-term asset in your place of employment (e.g., a copying machine, computer, vehicle, etc.) or the workplace or someone you know. Conduct a Net Present Value comparison between two different alternatives.
In a response of 350-400 words, answer the following:
Required:
1. What is the equipment you chose?
2. What are the relevant factors in the NPV calculation?
3. If the equipment were to be replaced within the next 3-6 months, make a recommendation for which option you would choose. Support your recommendation with relevant analytical factors.