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A replacement electric motor is being considered for purchase. It is capable of providing 200 hp. The pertinent data are as follows: Cost $ 3200 Electrical efficiency 0.85 Maintenance cost per $ 50 year Life expectancy 14 years Salvage value after 14 $0 years The motor is used for 400 h/yr and the cost of electricity is $ 0.04/kWh (1 hp-D0.746 kW). What is most nearly the effective annual cost using an interest rate of 10%?

A replacement electric motor is being considered for purchase. It is capable of providing 200 hp. The pertinent data are as follows: Cost $ 3200 Electrical efficiency 0.85 Maintenance cost per $ 50 year Life expectancy 14 years Salvage value after 14 $0 years The motor is used for 400 h/yr and the cost of electricity is $ 0.04/kWh (1 hp-D0.746 kW). What is most nearly the effective annual cost using an interest rate of 10%?

Introductory Circuit Analysis (13th Edition)
Introductory Circuit Analysis (13th Edition)
13th Edition
ISBN:9780133923605
Author:Robert L. Boylestad
Publisher:Robert L. Boylestad
Chapter1: Introduction
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Problem 1P: Visit your local library (at school or home) and describe the extent to which it provides literature...
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A replacement electric motor is being considered for purchase. It is capable of providing 200 hp. The pertinent data are as follows: Cost $ 3200 Electrical efficiency 0.85 Maintenance cost per $ 50 year Life expectancy 14 years Salvage value after 14 $0 years The motor is used for 400 h/yr and the cost of electricity is $ 0.04/kWh (1 hp=0.746 kW). What is most nearty the effective annual cost using an interest rate of 10%?
Transcribed Image Text:A replacement electric motor is being considered for purchase. It is capable of providing 200 hp. The pertinent data are as follows: Cost $ 3200 Electrical efficiency 0.85 Maintenance cost per $ 50 year Life expectancy 14 years Salvage value after 14 $0 years The motor is used for 400 h/yr and the cost of electricity is $ 0.04/kWh (1 hp=0.746 kW). What is most nearty the effective annual cost using an interest rate of 10%?
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