Huntington Medical Center purchased a used low-field MRI scanner
2 years ago for $445,000. Its operating cost is $425,000 per year
and it can be sold for $165,000 anytime in the next 3 years. The
Center’s director is considering replacing the presently owned MRI
scanner with a state-of-the-art 3 Tesla machine that will cost $2.5
million.The operating cost of the new machine will be $380,000 per
year, but it will generate extra revenue that is expected to amount
to $625,000...