Machine X has an initial cost of $10,000. It is expected to last 12 years, to cost $200 per year to maintain and to have a salvage value of $1,000 at the end of its useful life. The equivalent uniform annual cost of the machine at 9% interest is most nearly OA. $1,100 OB. $1,160 OC. $1,750 OD. $1,475 OE. $1,547

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Machine X has an initial cost of $10,000. It is expected to last 12 years, to cost $200 per year to maintain and to have a salvage
value of $1,000 at the end of its useful life. The equivalent uniform annual cost of the machine at 9% interest is most nearly
OA. $1,100
OB. $1,160
OC. $1,750
OD. $1,475
OE. $1,547
Transcribed Image Text:Machine X has an initial cost of $10,000. It is expected to last 12 years, to cost $200 per year to maintain and to have a salvage value of $1,000 at the end of its useful life. The equivalent uniform annual cost of the machine at 9% interest is most nearly OA. $1,100 OB. $1,160 OC. $1,750 OD. $1,475 OE. $1,547
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