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Your company has the opportunity to purchase one of two pieces of equipment to reduce the time spent removing paint striping from pavements. If interest

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Your company has the opportunity to purchase one of two pieces of equipment to reduce the time spent removing paint striping from pavements. If interest is at 5%, determine which machine should be purchased using an Equivalent Annual Worth (EAW) analysis with the information given below Super Stripper $13,000 The Unstriper $15,000 $1000 $200/yr $4200 Cost Annual Operation Costs $1900 OC Annual Increase Annual Time/Cost Savings Mfg's. Rebate @ EOY 4 $0 Salvage Value @ End of $1500 Life Life $4000 $800 $1000 7 Years 9 Years Salv

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