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The salvage value of a piece of machinery owned for x years is S(X)=150,000-900x. The purchase price was $175,000 and the operating costs are O(X)=8x+100.

The salvage value of a piece of machinery owned for x years is S(X)=150,000-900x. The purchase price was $175,000 and the operating costs are O(X)=8x+100. (a.) Create the function to determine the optium number of years of ownership, x, that will minimize the sum of average capital cost and operating costs. b.) Find the number of years, x, that will minimize this cost.

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