Question
What is the present worth of a machine with an initial cost of $41,000, an annual cost of $6,000 per year, a salvage value of
What is the present worth of a machine with an initial cost of $41,000, an annual cost of $6,000 per year, a salvage value of + $12,000, a useful life of 7 years, and a financing cost rate of 5% per year?
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Given Initial cost of the machine 41000 Annual cost 6000 per year ...
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Engineering economy
Authors: Leland Blank, Anthony Tarquin
7th Edition
9781259027406, 0073376302, 1259027406, 978-0073376301
