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You are trying to decide which brand of concrete saw to buy for your concrete cutting business. The respective information is shown below. You feel

You are trying to decide which brand of concrete saw to buy for your concrete cutting business. The respective information is shown below. You feel pretty sure about all the parameters except the annual O&M of the Jeweled Slicer. At what value of O&M costs for the Jeweled Slicer will its EACF be that same as Diamond Cuts?

Diamond Cuts Jeweled Slicer
First Cost $15,000 $25,000
Annual O&M $1,600 ?
Annual Benefit $8,000 $13,000
Salvage $3,000 $6,000
Life (years) 7 10
MARR 12%

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