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I need to solve this question in Engineering economics

I need to solve this question in Engineering economics

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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I need to solve this question in Engineering economics
Austin General Hospital is evaluating new office equipment offered by three companies. The equipment have the following characteristics: Initial cost Annual operating cost Annual benefit(revenue) Salvage value Useful life (years) Company A $15,000 1,600 8,000 3,000 4 Company B $25,000 400 13,000 6,000 4 Company C $20,000 900 11,000 4,500 4 Determine the present worth (net present value) of the equipment from each of the companies, and decide which one should be selected. MARR = 15%.
Transcribed Image Text:Austin General Hospital is evaluating new office equipment offered by three companies. The equipment have the following characteristics: Initial cost Annual operating cost Annual benefit(revenue) Salvage value Useful life (years) Company A $15,000 1,600 8,000 3,000 4 Company B $25,000 400 13,000 6,000 4 Company C $20,000 900 11,000 4,500 4 Determine the present worth (net present value) of the equipment from each of the companies, and decide which one should be selected. MARR = 15%.
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