Discussion Post: Making Investment Decisions
Crater lake diagnostics inc. is considering the purchase of a new piece of equipment thathas an initial investment of $75,000, has annual expenses associated with its operation of$10,000 per year and has a six year life. What is the equivalent annual cost of this investment if the firms considers the appropriate discount rate to be 11%?
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.