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Using an outside printing service

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You run your own business and spend $2,000 a year on printing expenses, using an outside printing service. You estimate that it will cost you $10,000 to buy your own printer, and $500 a year to maintain this printer. If the printer life is ten years, and your discount rate is 10%, does it make sense to buy the printer? (Assume no inflation, and no taxes)

Reference no: EM131212657

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