There are no results for Question Help The Ajax Corpoartion has an overhead crane that has an estimated remaining life of 8 8 years. The crane can be sold now for $ 9 comma 000 9,000. If the crane is kept in service, it must be overhauled immidiately at a cost of $ 5 comma 000 5,000. Operating and maintenance costs will be $ 4 comma 000 4,000 per year after the crane is overhauled. The overhauled crane will have zero MV at the end of the 8 8-year study period. A new crane will cost $ 22 comma 000 22,000, will last for 8 8 years, and will have a $ 4 comma 000 4,000 MV at that time. Operating and maintenance costs are $ 2 comma 000 2,000 per year for the new crane. The company uses a before-tax interest rate of 8 8% per year in evaluating investment alternatives. Should the company replace the old crane? Given F P/F Given P F/P 1.0800 1.1664 1.2597 1.3605 1.4693 0.9259 0.8573 0.7938 0.7350 0.6806 Given A FIA 1.0000 2.0800 3.2464 4.5061 5.8666 Given A P/A 0.9259 1.7833 2.5771 3.3121 3.9927 Given F A/F 1.0000 0.4808 0.3080 0.2219 0.1705 Given P A/P 1.0800 0.5608 0.3880 0.3019 0.2505 ovo AWN 1.1664 1.2597 1.3605 1.4693 1.5869 1.7138 1.8509 0.8573 0.7938 0.7350 0.6806 0.6302 0.5835 0.5403 2.0800 3.2464 4.5061 5.8666 7.3359 8.9228 10.6366 1.7833 2.5771 3.3121 3.9927 4.6229 5.2064 5.7466 0.4808 0.3080 0.2219 0.1705 0.1363 0.1121 0.0940 0.5608 0.3880 0.3019 0.2505 0.2163 0.1921 0.1740 5250