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its ok to answer with excel if showing formulas A firm is considering replacing the existing industrial air conditioning unit. They will pick one of
its ok to answer with excel if showing formulas
A firm is considering replacing the existing industrial air conditioning unit. They will pick one of two units. The first, the AC 360, costs $26,551.00 to install, $5,198.00 to operate per year for 7 years at which time it will be sold for S6,852.00 The second, RayCool 8, costs $41,161.00 to install, $2,125.00 to operate per year for 5 years at which time it will be sold for $8,995 00 The firm's cost of capital is 5 23%. What is the equivalent annual cost of the AC3607 Assume that there are no taxes Submit Answer format: Currency Round to 2 decimal places A firm is considering replacing the existing industrial air conditioning unit. They will pick one of two units. The first, the AC360, costs $26,779.00 to install, S5,107.00 to operate per year for 7 years at which time it will be sold for $6,891.00 The second, RayCool 8, costs $41, 110 00 to install, $2,000.00 to operate per year for 5 years at which time it will be sold for $9,025.00. The firm's cost of capital is 6.02%. What is the equivalent annual cost of the RayCool87 Assume that there are no taxes Submit Answer format: Currency Round to 2 decimal placesStep by Step Solution
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