Purchase Cost Finance Assignement Help

In every project that you need to do that involves investing money there is a need to have slight basics about finance.  Also, you can b able to hire experts in the field to help you with the subject and thus increase productivity and profits.  All this information is taught in Finance as a subject at different levels in school. We offer bussiness assignment help. The question below is commonly asked.

Ramsis is a heavy equipment rental company. It is considering the purchase of Tower crane at a price of BD 775.000 This crane is expected to operate for 12 years before retirement with no salvage value at the end. The company is planning to rent the crane for BD 108.000 per year starting year 2 and the rental increases by 10% thereafter Cost of this maintenance are expected to be BD 15,000 each year.

a) What is the discounted payback period, if the MARR is 8% per year?

b) In your engineering analysis study, which method would you select (Payback or Present worth) to solve this problem? And why?

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Finance is interconnected with business studies and accounts. Therefore, most concepts taught are the same. The similarity tends to be confusing to many learners and thus makes it strenuous for many learners. Reach out to us and gets help. My homework writers have experienced experts in the field who can help you with your assignment and deliver on time at a low price.