Make sure you show the formula and the answer. You must get the answer correct-no partial credit will be given. Make sure you round to the nearest whole number.

__Information for assignment__

Investment for a scanner- $30,000

Cash in for scanner-$10,000 per year

Straight line depreciation for scanner- 2,000 per year

Operating costs for scanner- $2500

Interest rate for scanner 7%

Investment for a copier- $10,000

Cash in for copier-$2500 per year

Straight line depreciation for copier- 500 per year

Operating costs for copier- $200.00

You will use a five year time period.

**Question**

- What is the payback period for the scanner? Round to the nearest whole number.

- What is the accounting rate of return for the scanner? Round to the nearest whole number

- What is the return on investment for the scanner? Round to the nearest whole number.

- What is the payback period for the copier? Round to the nearest whole number.

- What is the accounting rate of return for the copier? Round to the nearest whole number

- What is the return on investment for the copier? Round to the nearest whole number.

- What is the Net Present Value for the Scanner for five years? Round to the nearest whole number.

- What is cost benefit analysis and why is it useful?