A company buys a colour printer that will cost $18 000 to buy, and last five 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 A company buys a colour printer that will cost $18 000 to buy, and last five 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%?

A Company Buys a Colour Printer That Will Cost $18