Interest expense will we save over the remainder of loan

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Calculate the financial impact of buying a CT unit that would cost $3.0 million would have a five-year useful life would have a 10 percent salvage value would have a profit per procedure of $400, and would generate an estimated volume of 450 procedures per year. The bank tells me the discount rate should be 10 percent If the project loses money, let me know how many procedures in addition to the 450 projected per year we would need to generate in order to break-even.

our long-term debt represents the remaining balance on a 30 year loan taken out in 1996 at 78 with options to refinance every 10 years If we refinance for the remaining 10 years at 38, how much interest expense will we save over the remainder of the loan? 

Reference no: EM131350631

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