Home »

Recent Comments

    Categories

    A subway system is considering buying automated ticket machines. Machines would cost 300k and result in savings of 365k over 5yrs. Reduces human ticket sellers

    Additional information here: This is the annual savings; patron can use credit or debit cards and reduces amount of human ticket sellers. If the cost of capital is 8%, should the city purchase the ticket selling machines? Justify your answer

    Year 1 Cost savings: 50k

    Year 2 Cost savings: 60k

    Year 3 Cost savings: 75k
    Year 4 Cost savings: 90k

    Year 5 Cost savings: 90k


    Leave a comment

    Your email address will not be published. Required fields are marked *

    You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

    Designed BySuperbWriters