Asap plz Ramsis is a heavy equipment rental company. t is considering the purchase of Towver crane at a price of BD 775,000. Thas crane is expected to operate for 13 years before retirement with no salvage value at the end. The company is planning to rent the crane for BD 108,000 per year 3 and the rental increases by 10% thereafter Cost of this maintenance is expected to be BD 15,000 each year a) What is the discounted payback period, if the MARR is 8% per year? b) In your engineering annlysis study, which method would you select (Payback or Present worth) to solve this problem? And why?
Asap plz Ramsis is a heavy equipment rental company. t is considering the purchase of Towver crane at a price of BD 775,000. Thas crane is expected to operate for 13 years before retirement with no salvage value at the end. The company is planning to rent the crane for BD 108,000 per year 3 and the rental increases by 10% thereafter Cost of this maintenance is expected to be BD 15,000 each year a) What is the discounted payback period, if the MARR is 8% per year? b) In your engineering annlysis study, which method would you select (Payback or Present worth) to solve this problem? And why?
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Asap plz
Ramsis is a heavy equipment rental company. t is considering the purchase of Towver crane at a price of BD 775,000. Thas crane is expected to
operate for 13 years before retirement with no salvage value at the end. The company is planning to rent the crane for BD 108,000 per year 3 and the rental increases by 10% thereafter Cost of this maintenance is expected to be BD 15,000 each year
a) What is the discounted payback period, if the MARR is 8% per year?
b) In your engineering annlysis study, which method would you select (Payback or Present worth) to solve this problem? And why?
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