In: Economics
An active can be sold today for $12,000. The value on the market
will be reduced by $500 during the first 3 years and starting from
the fourth year it will be reduced by $600 anually. The operational
costs remain constant at $900 anually. Determine the marginal cost
of this active for the next 3 years. Use an interest rate of
12%
Please include steps , thanks.