AB Jackson Industries installed a compressor and pump system in 2013 at a cost of $91.950 If the FRED equipment cost index apple What will be the estimated cost for a similar system when the index value in 284 87 TABLE 15-3 Samples of Annual Cost Index Values FRED Industrie FRED Consumer Price Year Index (CPI) (1982-84- Production: Tota! CE Plant Cost Index Index (INDPRO) 100) (2017-100) (1957 ERED Pumps. Compressors, and (CEPCI) Equipment Index -59-100) (Dec. 1982=100) 2013 233.0 99,3 567.3 2352 2014 236.7 102.3 5761 240 5 2015 2370 100.9 556.8 244 8 2016 240.0 98.7 541.7 2470 2017 245.1 100.0 567.5 251.5 2018 251.1 103.2 603.1 259.9 2019 255.7 102.3 607.5 266.4 2020 258.8 94.9 596.2 269.8 2021 280.13 101.7 708.0 291.7 2022 (est.) 296.28 104.8 833.3 326.8 me cost for a similar system when the index value is 284.8 is determined to be $ ole number.) (Round the final answer to the nearest
AB Jackson Industries installed a compressor and pump system in 2013 at a cost of $91.950 If the FRED equipment cost index apple What will be the estimated cost for a similar system when the index value in 284 87 TABLE 15-3 Samples of Annual Cost Index Values FRED Industrie FRED Consumer Price Year Index (CPI) (1982-84- Production: Tota! CE Plant Cost Index Index (INDPRO) 100) (2017-100) (1957 ERED Pumps. Compressors, and (CEPCI) Equipment Index -59-100) (Dec. 1982=100) 2013 233.0 99,3 567.3 2352 2014 236.7 102.3 5761 240 5 2015 2370 100.9 556.8 244 8 2016 240.0 98.7 541.7 2470 2017 245.1 100.0 567.5 251.5 2018 251.1 103.2 603.1 259.9 2019 255.7 102.3 607.5 266.4 2020 258.8 94.9 596.2 269.8 2021 280.13 101.7 708.0 291.7 2022 (est.) 296.28 104.8 833.3 326.8 me cost for a similar system when the index value is 284.8 is determined to be $ ole number.) (Round the final answer to the nearest
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 8SQP
Question
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