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Griffin Dewatering purchases a wellpoint pump connected to a skidmounted diesel engine for $14,050. Its market value for salvage purposes decreases 30% each year. When
Griffin Dewatering purchases a wellpoint pump connected to a skidmounted diesel engine for $14,050. Its market value for salvage purposes decreases 30% each year. When installed on a construction job, a wellpoint system operates virtually 24/7, and operating and maintenance costs will be $3,475 the first year, increasing $590 each year thereafter. What is the optimum replacement interval if MARR is 15.10%? years. Griffin Dewatering purchases a wellpoint pump connected to a skidmounted diesel engine for $14,050. Its market value for salvage purposes decreases 30% each year. When installed on a construction job, a wellpoint system operates virtually 24/7, and operating and maintenance costs will be $3,475 the first year, increasing $590 each year thereafter. What is the optimum replacement interval if MARR is 15.10%? years
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