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A remotely situated fuel cell has an installed cost of $2,300 and will reduce existing surveillance expenses by $340 per year for nine years. The
A remotely situated fuel cell has an installed cost of $2,300 and will reduce existing surveillance expenses by $340 per year for nine years. The border security agency's MARR is 10% per year.
A remotely situated fuel cell has an installed cost of $2,300 and will reduce existing surveillance expenses by $340 per year for nine years. The border security agency's MARR is 10% per year. a. What is the minimum salvage (market) value after nine years that makes the fuel cell worth purchasing? b. What is the fuel cell's IRR if the salvage value is negligibleStep by Step Solution
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