For equipment that has a first cost of $13,000, the estimated operating costs and year-end salvage values are as shown. |Operating Cost, $ |-1,000 -1,200 -1,300 -2,000 -3,000 Salvage Value, $ 7,000 5,000 4,500 3,000 2,000 Year 1 2 4 Determine the economic service life ESL, at i= 10% per year using factors. The economic service life ESL, is[ years with the AW = $- |

For equipment that has a first cost of $13,000, the estimated operating costs and year-end salvage values are as shown. |Operating Cost, $ |-1,000 -1,200 -1,300 -2,000 -3,000 Salvage Value, $ 7,000 5,000 4,500 3,000 2,000 Year 1 2 4 Determine the economic service life ESL, at i= 10% per year using factors. The economic service life ESL, is[ years with the AW = $- |

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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How to get to the answer? Please show full working. Answer should be C) Replacement every 3 years, $130, 364/year. Hand written plz
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