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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 398 Weeks Ago, 5 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
A company that sells high-purity laboratory chemicals is considering investing in new equipmentthat will reduce cardboard costs by better matching the size of the products to be shipped to the size of the shipping container. If the new equipment will cost $220,000 to purchase and install, how much must the company save each year for
3 years in order to justify the investment, if the interest rate is 10% per year?
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