Question
17. a new absorption chiller system cost $400,000 and will save $58,500 in each of the next 12 years. The assets are classified as a
17. a new absorption chiller system cost $400,000 and will save $58,500 in each of the next 12 years. The assets are classified as a seven-year MACRS property for depreciation purpose. The expected salvage value is $20,000. The firm pays taxes at a combined rate of 40% and has an MARR of 12%. What is the net present worth of the system?
85,855
73,739
92,112
53,317
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Quantitative Finance: An Object-Oriented Approach In C++
Authors: Erik Schlogl, Dilip B. Madan
1st Edition
1584884797, 978-1584884798
