mdcpickandplace:equipment
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mdcpickandplace:equipment [2011/07/08 22:20] pstemari |
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| - | You can do a fancier job of running the numbers--pick an interest rate, say 7%, and a lifespan, e.g. 5 years, and compute a monthly payment. In this case that works out to $594.04/month, that it's costing either to a bank or in opportunity cost. The $594/month is what you need to save per month for the purchase to have a net benefit. --PJS | + | You can do a fancier job of running the numbers--pick an interest rate, say 7%, and a lifespan, e.g. 5 years, and compute a monthly payment. In this case that works out to $594.04/month, that it's costing either to a bank or in opportunity cost. The $594/month is what you need to save per month in contract costs for the purchase to have a net benefit. --PJS |
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/home/ladyada/public_html/wiki/data/pages/mdcpickandplace/equipment.txt · Last modified: 2016/01/28 18:05 (external edit)
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