Question
. A system with initial cost of $90000 has an operating cost of $2.5/hr and is operated 16hr/day for 300days/year. After10 years, the system has
. A system with initial cost of $90000 has an operating cost of $2.5/hr and is operated
16hr/day for 300days/year. After10 years, the system has a salvage value of $ 10000.
Assuming interest rate is 10%, total annualized cost over the 10year life is ?
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Step: 1
To calculate the total annualized cost over the tenyear life of the system well first obtain the ann...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
