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PLease see the question in the attached pic A plant engineerwishes to know which of two types of lightbubs should be used to light a

PLease see the question in the attached pic

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A plant engineerwishes to know which of two types of lightbubs should be used to light a warehouse. The bulbs that are currently used cost $43.90 per bulb and last 14,000 hours before burning out. The new bulb (at $62.? per bulb) provides the same amount of ght and consumes the same amount of energy, but it lasts twice as long. The labor cost to change a bulb is 518.0 0. The lights are on 19 hours a day, 365 days a year. {Assume that the tirm's marginal tax rate is 25%.} If the tirrn's MARR is 14%, what is the maximum price (per bulb) the engineer should be wiling to pay to switch to the new bulb? Round the service life of the old bulb to the nearest whole number. a Click the icon to View the interest factors for discrete compounding when i=14% per year. The maximum mice per new bulb the engineer should be wiling to pay is $|:. (Round to one decimal place.) More Info 1 1.00 00 2 1.2996 0.?695 2.1400 0.46?3 1.646? 0.60?3 3 1.4815 0.6?50 3.4396 0.290? 2.3216 0.430? 4 1.6890 0.5921 4.9211 0.2032 2.913? 0.3432 5 1.9254 0.5191 6.6101 0.1513 3.4331 0.2913 6 2.1950 0.4556 3.5355 0.11?2 3.388? 0.25?2 ? 2.5023 0.3996 10.?305 0.0932 4.2883 0.2332 8 2.8526 0.3506 13.2328 0.0?56 4.6389 0.2156 9 3.2519 0.30?5 16. 0853 0.0622 4.94164 0.2022 10 3.?0?2 0269? 19.33?3 0.051? 5.2161 0.191

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