Machine Initial cost, $ Annual cost, $/year Salvage value, $ Life, years O-$87,840 The estimates for the machines are for two mutually exclusive alternatives. The ca of money is 10% per year. The present worth of Machine X is closest to: O-$103,910 O$114,310 X -66,000 -10,000 10,000 6 O$65.270 Y -46,000 -15,000 24,000 3
Machine Initial cost, $ Annual cost, $/year Salvage value, $ Life, years O-$87,840 The estimates for the machines are for two mutually exclusive alternatives. The ca of money is 10% per year. The present worth of Machine X is closest to: O-$103,910 O$114,310 X -66,000 -10,000 10,000 6 O$65.270 Y -46,000 -15,000 24,000 3
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![Machine
Initial cost, $
Annual cost, $/year
Salvage value, $
Life, years
O-$87,840
O-$103,910
The estimates for the machines are for two mutually exclusive alternatives. The co
of money is 10% per year.
The present worth of Machine X is closest to:
O $114,310
$65.270
O
X
-66,000
-10,000
10,000
At
6
Y
-46,000
-15,000
24,000
3](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3e1fa912-5e0c-4d6e-bcb6-bc3942e62084%2F19eb46d1-9c62-43e7-9aed-f8e8b567eac1%2F017d9zq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Machine
Initial cost, $
Annual cost, $/year
Salvage value, $
Life, years
O-$87,840
O-$103,910
The estimates for the machines are for two mutually exclusive alternatives. The co
of money is 10% per year.
The present worth of Machine X is closest to:
O $114,310
$65.270
O
X
-66,000
-10,000
10,000
At
6
Y
-46,000
-15,000
24,000
3
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