A company plans to spend $ 156244 to install a new machine. Annual maintenance cost is $ 13178. Estimated annual income is $ 34918 starting in the first year. This revenue begin increasing by $ 1078...


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A company plans to spend $ 156244 to install a new machine. Annual maintenance cost is $ 13178. Estimated annual<br>income is $ 34918 starting in the first year. This revenue begin increasing by $ 1078 per year at the end of 2nd year and<br>continue increasing through the end of 15 years. The market value of the machine is $ 20234 at the end of study period<br>of 15 years. Determine the annual worth if the minimum attractive rate of return is 9% per year.<br>Answer:<br>

Extracted text: A company plans to spend $ 156244 to install a new machine. Annual maintenance cost is $ 13178. Estimated annual income is $ 34918 starting in the first year. This revenue begin increasing by $ 1078 per year at the end of 2nd year and continue increasing through the end of 15 years. The market value of the machine is $ 20234 at the end of study period of 15 years. Determine the annual worth if the minimum attractive rate of return is 9% per year. Answer:

Jun 04, 2022
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