Question 8 (Mandatory. Your company just acquired a new CNC mill with an initial cost of $25,000, no trade- in value, a life of 10 years, and an annual operating cost of $5,000 for the first 4 years increasing by 5% per year thereafter. Calculate the Present Worth of all costs for this mill with i = 5% per year. OS-67,409 OS-71.523 5-42,409 OS-46,523
Question 8 (Mandatory. Your company just acquired a new CNC mill with an initial cost of $25,000, no trade- in value, a life of 10 years, and an annual operating cost of $5,000 for the first 4 years increasing by 5% per year thereafter. Calculate the Present Worth of all costs for this mill with i = 5% per year. OS-67,409 OS-71.523 5-42,409 OS-46,523
Chapter10: Project Cash Flows And Risk
Section: Chapter Questions
Problem 13PROB
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