A firm is considering replacing the existing industrial air conditioning unit. They will pick one of two units. The first, the AC360, costs $26,537.00 to install, $5,180.00 to operate per year for 7 years at which time it will be sold for $7,099.00. The second, RayCool 8, costs $41,236.00 to install, $2,011.00 to operate per year for 5 years at which time it will be sold for $8,980.00. The firms cost of capital is 5.16%. What is the equivalent annual cost of the AC360? Assume that there are no taxes. Round to: 2 decimal places

A firm is considering replacing the existing industrial air conditioning unit. They will pick one of two units. The first, the AC360, costs $26,188.00 to install, $5,126.00 to operate per year for 7 years at which time it will be sold for $7,042.00. The second, RayCool 8, costs $41,940.00 to install, $2,084.00 to operate per year for 5 years at which time it will be sold for $9,096.00. The firms cost of capital is 6.55%. What is the equivalent annual cost of the RayCool8? Assume that there are no taxes. Round to: 2 decimal places

A firm is must choose to buy the GSU-3300 or the UGA-3000. Both machines make the firms production process more efficient which in turn increases incremental cash flows. The GSU-3300 produces incremental cash flows of $26,106.00 per year for 8 years and costs $100,155.00. The UGA-3000 produces incremental cash flows of $29,546.00 per year for 9 years and cost $124,255.00. The firms WACC is 8.00%. What is the equivalent annual annuity of the GSU-3300? Assume that there are no taxes. Round to: 2 decimal places

A firm is must choose to buy the GSU-3300 or the UGA-3000. Both machines make the firms production process more efficient which in turn increases incremental cash flows. The GSU-3300 produces incremental cash flows of $26,204.00 per year for 8 years and costs $98,117.00. The UGA-3000 produces incremental cash flows of $28,672.00 per year for 9 years and cost $126,354.00. The firms WACC is 7.12%. What is the equivalent annual annuity of the UGA-3000? Assume that there are no taxes. Round to: 2 decimal places