4. You will need to replace your quadcopter manufacturing system in seven years. You estimate the replacement cost at that time will be $950,000. If you can sell quadcopters for $550 each and they cost $250 each to manufacture and sell, how many quadcopters do you need to sell each year to pay for the replacement system? Your MARR is 5%. Select one:

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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4. You will need to replace your quadcopter manufacturing system in seven
years. You estimate the replacement cost at that time will be $950,000. If
you can sell quadcopters for $550 each and they cost $250 each to
manufacture and sell, how many quadcopters do you need to sell each year
to pay for the replacement system? Your MARR is 5%.
Select one:
а. 389
b. 452
с. 212
d. 537
е. 622
Transcribed Image Text:4. You will need to replace your quadcopter manufacturing system in seven years. You estimate the replacement cost at that time will be $950,000. If you can sell quadcopters for $550 each and they cost $250 each to manufacture and sell, how many quadcopters do you need to sell each year to pay for the replacement system? Your MARR is 5%. Select one: а. 389 b. 452 с. 212 d. 537 е. 622
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