contestada

a milling machine with enhanced cnc controls that allow for high-speed machining of free-form parts was purchased 2 years ago for $195,000. the company wants to purchase a recently available faster model with control up to 8 axes for $240,000. the presently owned machine can be sold today for $105,000. its operating cost over the past 2 years has been $30,000 per year. the value that should be used as p for the presently owned machine is: (choose one)

Respuesta :

The value that should be used as principal for presently owned machine is $105,000.

What is principal?

Principal is most often used to refer to the initial amount of money that was borrowed for a loan or invested. Additionally, it can refer to the owner of a private corporation, the face value of a bond, or the principal trader. Principal in the context of borrowing refers to the initial sum of a loan; it can also refer to the balance still owed on a loan. The principal is $50,000, for instance, if you take out a $50,000 mortgage. The principal of a loan affects the amount of interest you pay. The only method to lower the monthly interest payments is to pay down the loan's principal.

To learn more about principal, visit:

https://brainly.com/question/3701587

#SPJ4

Otras preguntas