6. A machine costs $30 000 to purchase and $12 000 per year to operate. The machine has a 10-year life and no salvage value. Determine the EUAC of this machine at annual interest rates of (a) 5%, (b) 15%, and (c) 20%, compounded annually. Ans FLAC (al $15 885.00: (b) $17 977 50: (c) $19 155 60
Good day! I need your help tutor please answer the question attached below. The answer is already provided, which means that will be your basis if your answers are correct or not.
Ps. In your solution, you identify the given and the what is being asked in the problem and I want to see the formula that you used and box your final answer. Don't give me a solution that is made in ms excel, I am not econ major so i'm asking for you to do the manual or the traditional computation.Lastly, don't give me a shortcut solution because i want to learn and study your computation :)
Pps. I want you to use the Present Worth Method,Annuity Worth Method, Future Worth Method .(if applicable)
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