SOLUTION: You are the office manager for Dr. Rogers. The increasing cost of making photocopies is a concern to Dr. Rogers. She wants to examine alternative to the current financing plan. T

Question 213409This question is from textbook
: You are the office manager for Dr. Rogers. The increasing cost of making photocopies is a concern to Dr. Rogers. She wants to examine alternative to the current financing plan. The office currently leases a copy machine for $110 per month and pays $0.025 per copy. A 3-year payment plan is available that cost $125 per month and $0.015 per copy.
(a.) If the office expects to run 100,000 copies per year, which is the better plan?

(b) How much money will the better plan save over the other plan?
This question is from textbook

Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A) second plan
B)
((12*110)+(.025*100000))(3)=$11400 for three yrs
((12*125)+(.015*100000))(3)=$9000 for three yrs
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