2-A company decided to buy a new machine for its production line. The costs and benefits of operating the machine are described in the table below. Assume a MARR of 10%. Initial Cost Annual Benefit New Machine $18,000 $7,000 Operations & Maintenance $2,000 Salvage Years $2,000 9 Using the benefit-cost ratio decide if this is a good investment. Answer: Yes, it is a good investment.

2-A company decided to buy a new machine for its production line. The costs and benefits of operating the machine are described in the table below. Assume a MARR of 10%. Initial Cost Annual Benefit New Machine $18,000 $7,000 Operations & Maintenance $2,000 Salvage Years $2,000 9 Using the benefit-cost ratio decide if this is a good investment. Answer: Yes, it is a good investment.

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

Please give ne accurate answer with calculation

2-A company decided to buy a new machine for its production line. The costs and benefits of
operating the machine are described in the table below. Assume a MARR of 10%.
Initial Cost
Annual Benefit
New Machine
$18,000
$7,000
Operations & Maintenance $2,000
Salvage
Years
$2,000
9
Using the benefit-cost ratio decide if this is a good investment.
Answer: Yes, it is a good investment.

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