Find the economic life of the following asset, having these cash flow estimates

MARR is 10% per year. (10 ptos)

[1] [2] [3] [4] [5] [6]

MV_k MV_k-1 - MV_k i * MV_k-1 E_{k TC=[3]+[4]]+[5]}

EOY[k]	Market Value	Loss in Market	Cost of Capital	Annual Expenses	Total Cost	EUAC
0	24,000	--------	--------	--------	-------
1	6,000			5,000
2	6,000			5,000
3	6,000			6,000