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Compare the two following alternatives in terms of future worth using MARR = 6% Alternative 1: First cost: 45,000 Yearly cost 6,000 Salvage value: 8,000 Lifetime: 3 Alternative 2: First cost: 68,000 Yearly cost 4,000 Salvage value: 13,000 Lifetime: 6 Your answer: O Alt 1: $-432,346, Alt 2: $-77,952 Alt 1: $-141,753, Alt 2: $-111,361

Compare the two following alternatives in terms of future worth using MARR = 6% Alternative 1: First cost: 45,000 Yearly cost 6,000 Salvage value: 8,000 Lifetime: 3 Alternative 2: First cost: 68,000 Yearly cost 4,000 Salvage value: 13,000 Lifetime: 6 Your answer: O Alt 1: $-432,346, Alt 2: $-77,952 Alt 1: $-141,753, Alt 2: $-111,361

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Compare the two following alternatives in terms of future worth using MARR = 6% Alternative 1: First cost: 45,000 Yearly cost 6,000 Salvage value: 8,000 Lifetime: 3 Alternative 2: First cost: 68,000 Yearly cost 4,000 Salvage value: 13,000 Lifetime: 6 Your answer: Alt 1: $-432,346, Alt 2: $-77,952 O Alt 1: $-141,753, Alt 2: $-111,361 Alt 1: $-333,119, Alt 2: $-267,265 Alt 1: 5-240,980, Alt 2: $-283,969 Alt 1: $-432,346, Alt 2: $-77,952 Alt 1: $-80,723, Alt 2: $-111,361 O Alt 1: $-163,016, Alt 2: $-122,497 Alt 1: $-141,753, Alt 2: $-82,407 Clear answer
Transcribed Image Text:Compare the two following alternatives in terms of future worth using MARR = 6% Alternative 1: First cost: 45,000 Yearly cost 6,000 Salvage value: 8,000 Lifetime: 3 Alternative 2: First cost: 68,000 Yearly cost 4,000 Salvage value: 13,000 Lifetime: 6 Your answer: Alt 1: $-432,346, Alt 2: $-77,952 O Alt 1: $-141,753, Alt 2: $-111,361 Alt 1: $-333,119, Alt 2: $-267,265 Alt 1: 5-240,980, Alt 2: $-283,969 Alt 1: $-432,346, Alt 2: $-77,952 Alt 1: $-80,723, Alt 2: $-111,361 O Alt 1: $-163,016, Alt 2: $-122,497 Alt 1: $-141,753, Alt 2: $-82,407 Clear answer
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