An company buys a color printer that will cost $18,000 to buy,and last 5 years.It is assumed that it will require servicing costing $500 each year.What is the equivalent annual annuity of this deal,given a cost of capital of 12%?

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The Answer of An company buys a color printer that will cost $18,000 to buy,and last 5 years.It is assumed that it will require servicing costing $500 each year.What is the equivalent annual annuity of this deal,given a cost of capital of 12%?

An Company Buys a Color Printer That Will Cost $18,000