Anew piece of laboratory equipment costing $10,000 promises to save $4000 per year in materials and overtime pay. if the cost of money is 12% and projects must have a 3-year discounted payback period, should the equipment be purchased?

YES, the equipment should be purchased

Step-by-step explanation:

You borrow $10000 for the piece of laboratory and the cost of money is 12%. After 3 years you will need to pay the $10000 you borrowed and the extra amount caused by the interest. 12% of $10000 if $1200, so you will end up having to pay $10000+$1200 = $11200. In three years your equipment saves you $4000*3 = $12000, which is bigger than the amount you have to pay. So, in the end the equipment should be purchased because it gives you a gain of $800.  

distance covered by pamela in 9 l of fuel = 99km

let us apply unitary method here.

distance covered by pamela in 1 l of fuel =99/9 =11 km

now let us find distance covered by pamela if she has 12 l of fuel.

distance covered in 12 l = distance covered in 1 l of fuel * 12

we know that distance covered by here in 1 l is 11 km.

so distance covered in 12 l of fuel = 11*12 = 132 km.