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7. Please choose the correct answer and give the full clear solution! (No need for explanations!) Thank you!! Question 7 4 pts A corporate jet
7. Please choose the correct answer and give the full clear solution! (No need for explanations!) Thank you!!
Question 7 4 pts A corporate jet costs $1,350,000 and will incur $200,000 per year in fixed costs (maintenance, licenses, insurance, and hangar rental) and $277 per hour in variable costs (fuel, pilot expense, etc.). The jet will be operated for 1,200 hours per year for five years and then sold for $650,000. The MARR is 15% per year. [ Select] Determine the capital recovery cost of the jet. [ Select] $532,400.00 none of the choices $200,000.00 $838,710.00 $306,310.00 What is the EUAC of the jet? Question 7 4 pts A corporate jet costs $1,350,000 and will incur $200,000 per year in fixed costs (maintenance, licenses, insurance, and hangar rental) and $277 per hour in variable costs (fuel, pilot expense, etc.). The jet will be operated for 1,200 hours per year for five years and then sold for $650,000. The MARR is 15% per year. Determine the capital recovery cost of the jet. [ Select] What is the EUAC of the jet? [ Select] [ Select] $532,400.00 $838,710.00 none of the choices $200,000.00 $306,310.00Step by Step Solution
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