(LG 4.3) Savings of $5600 per year can be achieved through either a $14 000 machine (A) with a seven-year service life and a $2000 salvage value, or a $25 000 machine (B) with a 10-year service life and a $10 000 salvage value. If the MARR is 9 percent, which machine is the better choice, and what is the annual benefit or cost? Use annual worth and the capital recovery formula.

(LG 4.3) Savings of $5600 per year can be achieved through either a $14 000 machine (A) with a seven-year service life and a $2000 salvage value, or a $25 000 machine (B) with a 10-year service life and a $10 000 salvage value. If the MARR is 9 percent, which machine is the better choice, and what is the annual benefit or cost? Use annual worth and the capital recovery formula.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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