2. A hospital is evaluating new office equipment offered by three companies (see table below). The hospital plans to use the equipment for 4 years and then replace it.
Use NPW analysis to determine from which company the hospital should purchase the equipment. The hospital uses an interest rate of 15%. [2 points] Company Macrosoft Banana JBM First cost 15,000 25,000 20,000 1,600 400 Maintenance & Operating cost 500 Annual benefit 8,000 12,000 11,000 3,000 Salvage value after 4 years 6,000 4,500. Get Finance homework help today