A machine costs $980,000 to purchase and will provide $200,000 a year in benefits. The company plans
A muniment costs $980,000 to lapse and conquer provide $200,000 a year in benefits. The posse plans to use the muniment for 13 years and then conquer vend the muniment for fragment, receiving $20,000. The posse interest objurgate is 12%. Should the muniment be lapsed?