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An electronics assembly plant invests $500,000 in a surface-mount placement (SMP) machine in order to reduce annual operating expenses by $92,500/yr. At the end
An electronics assembly plant invests $500,000 in a surface-mount placement (SMP) machine in order to reduce annual operating expenses by $92,500/yr. At the end of a 10-year planning horizon, the SMP machine is estimated to be worth $50,000. Based on a 10% TVOM, what single sum at t = 0 is equivalent to the SMP investment? (find P)
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
15th edition
132554909, 978-0132554909
