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U . S . Steel is considering a plant expansion to produce austenitic, precipitation hardened, duplex, and martensitic stainless steel round bars that is expected
US Steel is considering a plant expansion to produce austenitic, precipitation hardened, duplex, and martensitic stainless steel round bars that is expected to cost $ million now and another $ million year from now. If total operating costs will be $ million per year starting year from now, and the estimated salvage value of the plant is virtually zero, how much must the company make annually in years through to recover its investment plus a return of per year? Round the final answer to three decimal places. The company must make $ million annually in years through to recover its investment plus a return of per year.
US Steel is considering a plant expansion to produce austenitic, precipitation hardened, duplex, and martensitic stainless steel round bars that is expected to cost $ million now and another $ million year from now. If total operating costs will be $ million per year starting year from now, and the estimated salvage value of the plant is virtually zero, how much must the company make annually in years through to recover its investment plus a return of per year? Round the final answer to three decimal places.
The company must make $ million annually in years through to recover its investment plus a return of per year.
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