A testing laboratory requires a new DRIE machine with a cost of $$ 499,000$, and in this
Question:
A testing laboratory requires a new DRIE machine with a cost of $\$ 499,000$, and in this high-tech industry the machine will have a salvage value of $\$ 40,000$ at the end of 10 years of service. Assuming a MARR of $18 \%$, how much must be earned on an equivalent annual basis so the firm recovers its original investment and earns a return on the capital over the life of the DRIE machine?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
To determine the equivalent annual cost of the DRIE machine we need to calculate the present value o...View the full answer
Answered By
Sagar Kumar
I am Mechanical Engineer with CGPA of 3.98 out of 4.00 from Pakistan. I went to Government Boys Degree College, Sehwan for high school studies.
I appeared in NUST Entrance Exam for admission in university and ranked #516. My mathematics are excellent and I have participated in many math competitions and also won many of them. Recently, I participated in International Youth Math Challenge and was awarded with Gold Honor. Now, I am also an ambassador at International Youth Math Challenge,
I have been teaching when I was in 9th class class year 2012. I have taught students from 6th class to university level.
1+ Reviews
10+ Question Solved
Related Book For 
Question Posted:
