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S. Sarah Miller is an engineer trying to determine the economic life of a new metal year maintenance cost is $1,000. per year for each

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S. Sarah Miller is an engineer trying to determine the economic life of a new metal year maintenance cost is $1,000. per year for each year after the first. press. The The interest rate is 15%. Fill in the table below and determine the economic life of the press initially. First Maintenance cost is forecast to increase $1,000 press costs $10,000 Consider only maintenance and capital recovery in your analysis. EUAC = Equivalent Uniform Annual Cost Economic life is point at which the total EUAC is at minimum Maintenance EUAC of EUAC of Total Year Cost Recovery Maintenance EUAC $ 1000 $ 2000 3000 4 4000 $ 5000 $6000 7000 $ 8000 Show formula Sarah used to calculate EUAC of Capital recovery and a sample calculation for one of the years. Show formula Sarah used to calculate EUAC of Maintenance and a sample calculation for one of the years

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