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With the estimates shown below, Sarah needs to determine the trade-in (replacement) value of machine X that will render its AW equal to that of

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With the estimates shown below, Sarah needs to determine the trade-in (replacement) value of machine X that will render its AW equal to that of machine Y at an interest rate of 11% per year. Determine the replacement value. Machine X Market Value, $ Machine Y 85.000 -40,000 for year 1.increasing by 2000 per year thereafter. 21,000 Annual Cost, $ per year -62,500 12,500 Salvage Value Life, Years The replacement value is $

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