Given problem:
A company is going to buy a new machine for manufacturing its product. Four different machines are available.
Money is worth 17% before taxes to the company.
Using the
annual cost method
, what is the total annual cost of
machine C
?
Extracted text: A В C D Php Php Php Php First cost 24,000 30,000 49,600 52,000 Power per year Php Php Php Php 1,300 1,360 2,400 2,020 Labor per year Maintenance Php Php Php Php Php 11,600 9,320 4,200 2,000 Php Php Php per year 2,800 1,900 1,300 700 Taxes and insurance 3% 3% 3% 3% Life, years 5 5