Determine the ESL, at i = 10% per year for equipment that has a first cost of $11,000 and the estimated operating costs and year-end salvage values shown below M&O Cost, $ Salvage Value, $ Year 1 2 4 O 1 year O2 years O4 years. O 3 years -1000 -1200 -1300 -2100 7,000 5,000 4,500 2000
Determine the ESL, at i = 10% per year for equipment that has a first cost of $11,000 and the estimated operating costs and year-end salvage values shown below M&O Cost, $ Salvage Value, $ Year 1 2 4 O 1 year O2 years O4 years. O 3 years -1000 -1200 -1300 -2100 7,000 5,000 4,500 2000
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Determine the ESL, at i = 10% per year for equipment that has a first cost of $11,000 and the
estimated operating costs and year-end salvage values shown below
M&O Cost, $
Salvage Value, $
Year
1
2
4
O 1 year
O2 years
O4 years
O 3 years
-1000
-1200
-1300
-2100
7,000
5,000
4,500
2000
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