evaluating single project

2. Evaluate machine XYZ on the basis of the PW method when the MARR is 12% per year. Pertinent cost data are as follows: Machine XYZ Investment cost $13,000 Useful life 15 years Market value $2,000 Annual operating expenses $100 Overhaul cost-end of 5th year $200 Overhaul cost-end of 10th year $550