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and got this for answers, can you show how to do this in excel please? please solve using excel please A senior engineer at Company
and got this for answers, can you show how to do this in excel please?
please solve using excel please
A senior engineer at Company C has recommended the company to replace a 2-year-old measurement device immediately. He believes that it can be shown that the proposed equipment is economically advantageous at a 15% per year rate in a 5-year time span. a. Perform the replacement analysis using the AW method for a 5-year study period using the information in the table below. Current Proposed Original Purchase Price 30,000 40,000 Current market value 15,000 Remaining life in year 5 15 Estimated value in 5 years 7,000 10,000 Salvage value after 15 years 5,000 Annual operation cost 8,000 3,000 Rate 0.15 Per year Defender Chanllenger Year 3 0 - 15000 1 -8000 2 -8000 3 -8000 4 -8000 5 -1000 -11436.52442 Winner -40000 -3000 -3000 3000 3000 7000 -13449.46657 5Step by Step Solution
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