Consider palletizer at a bottling plant that has a first cost of $140,855, has operating and maintenance costs of $13,484 per year, and an estimated net salvage value of $70,966 at the end of 30 years. Assume an interest rate of 8%. What is the future worth of this project?

Managerial Economics: A Problem Solving Approach
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ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter5: Investment Decisions: Look Ahead And Reason Back
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Consider palletizer at a bottling plant that has a first cost of $140,855, has operating and maintenance costs of $13,484 per year, and an estimated net salvage value of $70,966 at the end of 30 years. Assume an interest rate of 8%. What is the future worth of this project?

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