A machine will last for only two more years. The maintenance cost is $5,000 a year. You can buy a new machine that costs $22,500 and can last for 10 years. The new machine requires maintenance costs of only $1800 a year for the first 5 year and then the maintenance costs increases to $2200 a year for the remaining years. If the discount rate is 6% per year, should you replace the machine

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.