AW of First Cost, AED Annual Operating Cost, AED Salvage Value, AED Years Retained -165,000 1 -36,000 99,000 -36,000 39,095 -42,000 18,127 4 -43,000 5,464 -48,000 3,276

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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From the data shown below and at MARR of 18% per year
what is the economic service life of the asset.

please not use the excel

om the data shown bele
Years Retained
AW of First Cost, AED
Annual Operating Cost, AED
Salvage Value, AED
-165,000
1
-36,000
99,000
-36,000
39,095
-42,000
18,127
-43,000
5,464
-48,000
3,276
Transcribed Image Text:om the data shown bele Years Retained AW of First Cost, AED Annual Operating Cost, AED Salvage Value, AED -165,000 1 -36,000 99,000 -36,000 39,095 -42,000 18,127 -43,000 5,464 -48,000 3,276
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