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L. DI UI WC DUOVO Question 3. (2 marks) A energy saving device costs $25,000 and saves $5,280 each year of its 6 year life.

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L. DI UI WC DUOVO Question 3. (2 marks) A energy saving device costs $25,000 and saves $5,280 each year of its 6 year life. The salvage value is estimated at $6,500. The MARR is 10%. What is the EQUIVALENT ANNUAL COST (EAC) of this device? A. $4544.90 B. $4655.20 C. $4897.60 D. $4779.10

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