EBK ENGINEERING ECONOMY
17th Edition
ISBN: 9780134838229
Author: Sullivan
Publisher: PEARSON
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Textbook Question
Chapter 5, Problem 24P
An asset has an initial capital investment of$4 million. Its terminal value at the end of an eight-year life is -$1 million (i.e., it costs more to dispose of this asset than it is worth in the marketplace). The MARR is 10% per year. What is the capital recovery amount of this asset? (5.5)
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Chapter 5 Solutions
EBK ENGINEERING ECONOMY
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