The more expensive system is also more efficient, resulting in lower annual costs. The net present values of these two systems can be estimated as follows -Net Present Value of Less Expensive System = - $20,000 - $8,000 [PV(A,10%,5 years)]

Net Present Value of More Expensive System = - $30,000 - $3,000 [PV(A,10%,5 years)]

The net present value of all costs is much lower with the second system making it the better choice.

Retirement Planning For The Golden Years

Retirement Planning For The Golden Years

If mutual funds seem boring to you, there are other higher risk investment opportunities in the form of stocks. I seriously recommend studying the market carefully and completely before making the leap into stock trading but this can be quite the short-term quick profit rush that you are looking for if you am willing to risk your retirement investment for the sake of increasing your net worth. If you do choose to invest in the stock market please take the time to learn the proper procedures, the risks, and the process before diving in. If you have a financial planner and you definitely should then he or she may prove to be an exceptional resource when it comes to the practice of 'playing' the stock market.

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