Question
Equipment is purchased for $12,000 and is expected to be sold after ten years for $2,000. The estimated maintenance is $1,000 the first year, but
Equipment is purchased for $12,000 and is expected to be sold after ten years for $2,000. The estimated maintenance is $1,000 the first year, but is expected to increase by $200 each year thereafter. Using 10% interest find the present worth of the project.
| A. | $ 11,115 | |
| B. | $18,535 | |
| C. | $21,950 | |
| D. | $28,750 |
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The Internal Audit As Change Agent The Activation And Successful Implementation Of Organizational Change
Authors: Peter Kundinger
3rd Edition
3751984070, 978-3751984072
