> A coal-fired power plant has upgraded an emission control valve. The modification costs only $8000 and is expected to last 6 years with a $200 salvage value. The maintenance cost is expected to be high at $1700 the first year, increasing by 11% per year thereafter. Determine the equivalent present worth of the modification and maintenance cost by hand and by spreadsheet at 8% per year. Mark the correct answer within the multiple-choice alternatives below. a. -17,999 b. -14,862 c. +12,584 d. +18,193

> A coal-fired power plant has upgraded an emission control valve. The modification costs only $8000 and is expected to last 6 years with a $200 salvage value. The maintenance cost is expected to be high at $1700 the first year, increasing by 11% per year thereafter. Determine the equivalent present worth of the modification and maintenance cost by hand and by spreadsheet at 8% per year. Mark the correct answer within the multiple-choice alternatives below. a. -17,999 b. -14,862 c. +12,584 d. +18,193

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Question

> A coal-fired power plant has upgraded an emission control valve. The modification
costs only $8000 and is expected to last 6 years with a $200 salvage value. The
maintenance cost is expected to be high at $1700 the first year, increasing by 11% per
year thereafter. Determine the equivalent present worth of the modification and
maintenance cost by hand and by spreadsheet at 8% per year. Mark the correct answer
within the multiple-choice alternatives below.
a. -17,999
b. -14,862
c. +12,584
d. +18,193

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