What is the minimum number of days per year on average


Problem

Ithaca is considering a new $50,000 snowplow that will save the city $600 per day of use compared to the existing one. It should last 10 years and have a resale value of $2000. To obtain a 12% rate of return what is the minimum number of days per year on average it will have to be used.

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.

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Microeconomics: What is the minimum number of days per year on average
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