Question
Based on the following cash flows and an interest rate of 10% per year Alternative X Y First cost,$ 200,000 800,000 Annual cost, $/year 60,000
Based on the following cash flows and an interest rate of 10% per year
Alternative X Y
First cost,$ 200,000 800,000
Annual cost, $/year 60,000 10,000
Salvage value, $ 20,000 150,000
Life, years 5
The annual worth of Alternative Y is closest to = ?
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Principles Of Microeconomics 3e By OpenStax
Authors: OpenStax
3rd Edition
1711471496, 978-1711471495
