Question
An in-line filter for a water plant has an estimated life of eight years. By adding a purifier to the filter saving so $300 per
An in-line filter for a water plant has an estimated life of eight years. By adding a purifier to the filter saving so $300 per year in annual operating costs can be obtained. If the MARR for the plant is 8%, what is the maximum expenditure that can be justified for paying for the purifier? Suggest using the discrete compounding tables.
| A. | $555 | |
| B. | $1724 | |
| C. | $1875 | |
| D. | $300 | |
| E. | $24 |
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De Gruyter Handbook Of Personal Finance
Authors: Grable, John E., Chatterjee, Swarn
1st Edition
3110727498, 978-3110727494
