Annual Income Annual from Installed Operating Mercury Salvage Bidder Cost Cost Recovery Value Foxhill Instrument $ 35,000 $8000 $2000 $20,000 Quicksilver Almaden 40,000 7000 2200 100,000 2000 3500 If the installation will last 20 years and money is worth 7%, which equipment should be purchased?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Annual
Income
Annual
from
Installed Operating Mercury Salvage
Value
Bidder
Cost
Cost
Recovery
Foxhill
Instrument
$ 35,000
$8000
$2000
$20,000
Quicksilver
Almaden
40,000
100,000
7000
2200
3500
2000
If the installation will last 20 years and money is
worth 7%, which equipment should be purchased?
Transcribed Image Text:Annual Income Annual from Installed Operating Mercury Salvage Value Bidder Cost Cost Recovery Foxhill Instrument $ 35,000 $8000 $2000 $20,000 Quicksilver Almaden 40,000 100,000 7000 2200 3500 2000 If the installation will last 20 years and money is worth 7%, which equipment should be purchased?
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