Cetec Aviation Services has cost estimates associated with operating and maintaining the currently owned filter analysis system

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Cetec Aviation Services has cost estimates associated with operating and maintaining the currently owned filter analysis system as shown below. It is considering the acquisition of a replacement system that can identify residual particles in industrial filters, report its findings, and archive images and information for future retrieval. Determine the cost of keeping the current system one more year at an interest rate of 10% per year.

Year Market value, $ Operating cost, $
0 30,000 —
1 25,000 15,000 2 14,000 15,000 3 10,000 15,000

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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