Problem 8 38 Replacement Decision (LO4) A forklift will last for only 2 more years It costs $5,000 a year to maintain For $20,000 you can buy a new lift that can last for 10 years and should require maintenance costs of only $2,000 a year a If the discount rate is 5 per year, should you replace the forklift (Round your answers to the nearest whole dollar ) The equivalent annual cost (EAC) of the new machine The equivalent cost of owning and operating the new machine You (Click to select) replace b If the discount rate is 10 per year, should you replace the forklift (Round your answers to the nearest whole dollar ) The equivalent annual cost (EAC) of the new machine The equivalent cost of owning and operating the new machine You (Click to select) replace $ $ A forklift will last for only 2 more years It costs $5,000 a year to maintain For $20,000 you can buy a new lift that can last for 10 years and should require maintenance costs of only $2,000 a year o If the discount rate is 5 per year, should you replace the forklift (Round your answers to the nearest whole dollor) b If the discount rate is 10 per year, should you replace the forkilft (Round your answers to the nearest whole dollar )

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Problem 8 38 Replacement Decision (LO4) A forklift will last for only 2 more years  It costs $5,000 a year to maintain  For $20,000 you can buy a new lift that can last for 10 years and should require maintenance costs of only $2,000 a year  a  If the discount rate is 5  per year, should you replace the forklift  (Round your answers to the nearest whole dollar ) The equivalent annual cost (EAC) of the new machine The equivalent cost of owning and operating the new machine You (Click to select) replace  b  If the discount rate is 10  per year, should you replace the forklift  (Round your answers to the nearest whole dollar ) The equivalent annual cost (EAC) of the new machine The equivalent cost of owning and operating the new machine You (Click to select) replace  $ $ A forklift will last for only 2 more years  It costs $5,000 a year to maintain  For $20,000 you can buy a new lift that can last for 10 years and should require maintenance costs of only $2,000 a year  o  If the discount rate is 5  per year, should you replace the forklift  (Round your answers to the nearest whole dollor) b  If the discount rate is 10  per year, should you replace the forkilft  (Round your answers to the nearest whole dollar )

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Problem 8-38 Replacement Decision (LO4) A forklift will last for only 2 more years. It costs $5,000 a year to maintain. For $20,000 you can

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