Engineering Economy (17th Edition)
17th Edition
ISBN: 9780134870069
Author: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher: PEARSON
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Textbook Question
Chapter 5, Problem 80FE
A new machine was bought for $9,000 with life of six years and no salvage value. Its annual operating costs were as follows:
$7, 000, $7, 350, $7, 717.50, …, $8, 933.97.
If the MARR = 12%, what was the annual equivalent cost of the machine? (5.5)
- a. $7,809
- b. $41,106
- c. $9,998
- d. $2,190
- e. $9,895
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Chapter 5 Solutions
Engineering Economy (17th Edition)
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