A company plans to spend $ 165126 to install a new machine. Annual maintenance cost is $ 10831. Estimated annual income is $ 35069 starting in the first year. This revenue begin increasing by $ 1479...

E1

Extracted text: A company plans to spend $ 165126 to install a new machine. Annual maintenance cost is $ 10831. Estimated annual income is $ 35069 starting in the first year. This revenue begin increasing by $ 1479 per year at the end of 2nd year and continue increasing through the end of 15 years. The market value of the machine is $ 20777 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: