A machine cost is 1500$ and salvage value 350$, if the rate of interest is 7% and number of years are 5 then what will be the present worth for fixed output condition? Select one: O a. 1268$ O b. 1238$ O c. 1250$

Practical Management Science
6th Edition
ISBN:9781337406659
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Chapter2: Introduction To Spreadsheet Modeling
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A machine cost is 1500$ and salvage
value 350$, if the rate of interest is
7% and number of years are 5 then
what will be the present worth for
fixed output condition?
Select one:
O a. 1268$
O b. 1238$
O c. 1250$
Transcribed Image Text:A machine cost is 1500$ and salvage value 350$, if the rate of interest is 7% and number of years are 5 then what will be the present worth for fixed output condition? Select one: O a. 1268$ O b. 1238$ O c. 1250$
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