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I need this done in an excel spreadsheet if possible 11.10 A plant engineer wishes to know which of two types of lightbulbs should be
I need this done in an excel spreadsheet if possible
11.10 A plant engineer wishes to know which of two types of lightbulbs should be used to light a warehouse. The bulbs currently used cost $45.90 per bulb and ias 14.600 hours before burning out. The new bulb ($60 per bulb) provides the sam amount of light and consumes the same amount of energy but lasts twice as long The labor cost to change a bulb is $16.00. The lights are on 19 hours a day,36 days a year. If the firm's MARR the engineer should be willing to pay to switch to the new bulb? (Assume that he firm's marginal tax rate is 40%.) is 15%, what is the maximum price (perbubStep by Step Solution
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