Cost data of a machine is shown in the following table with an annual rate of 12%. Calculate annual worth at end of year 2. Retention Yr. 0 (First Cost) 55,000 1 35,000 2 20,000 3 15,000 4 2,000 67,854 68,476 63,256 Market Value 69,289 M&O cost per year 45,000 47,500 50,000 53,500
Cost data of a machine is shown in the following table with an annual rate of 12%. Calculate annual worth at end of year 2. Retention Yr. 0 (First Cost) 55,000 1 35,000 2 20,000 3 15,000 4 2,000 67,854 68,476 63,256 Market Value 69,289 M&O cost per year 45,000 47,500 50,000 53,500
Chapter1: Making Economics Decisions
Section: Chapter Questions
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