Answer is not 23,000.Need only a handwritten solution only (not a typed one). A company has cost estimates associated with operating and maintaining the currently owned filter analysissystem as shown below. It is considering the acquisition of a replacement system that can identify residualparticles in industrial filters, report its findings, and archive images and information for future retrieval.Determine the cost of keeping the current system one more year at an interest rate of 10% per year.Year0123Market Value $23,000O-23,000O 24,000O-24,00030,00025,00014,00010,000O No correct answerOperating Cost $-15,000-15,000-15,000

The annual worth is the sum of all benefits and expenditures incurred over the course of a year. As…

Answered: Answer is not 23,000. Need only a…

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Answer is not 23,000. Need only a handwritten solution only (not a typed one).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Answer is not 23,000.

Need only a handwritten solution only (not a typed one).

A company has cost estimates associated with operating and maintaining the currently owned filter analysis
system as shown below. It is considering the acquisition of a replacement system that can identify residual
particles in industrial filters, report its findings, and archive images and information for future retrieval.
Determine the cost of keeping the current system one more year at an interest rate of 10% per year.
Year
0
1
2
3
Market Value $
23,000
O-23,000
O 24,000
O-24,000
30,000
25,000
14,000
10,000
O No correct answer
Operating Cost $
-15,000
-15,000
-15,000

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