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A contractor wants to buy a piece of equipment to use over 30 years and then sell t. The equipment initially cost $35,000. It provides
A contractor wants to buy a piece of equipment to use over 30 years and then sell t. The equipment initially cost $35,000. It provides an annual revenue of $8,000 and incurs annual expenses of $2,400. At the end of these 30 years, the contractor sells the equipment. Using the MARR of 4%, what should be the salvage value at the end of 30 years given that the Annual Worth of this equipment is $3,754.25? cok saol knk
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