Reconsider Problem 65. Plot a graph of capital recovery cost versus useful life for lives 1 to

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Reconsider Problem 65. Plot a graph of capital recovery cost versus useful life for lives 1 to 25 by 1.

Data from problem 65 

Crush Autosmashers can purchase a new electromagnet for moving cars at a cost of \($20,000.\) At the end of its useful life, the electromagnet will be worth \($1,000.\) If Crush’s MARR is 12 percent/year, how many years must the electromagnet last so that its capital recovery cost will be \($3,000/year\) or less?

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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