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Miguel is trying to decide whether or not to replace the windows on his house. Miguel estimates that installing new windows would cost $11,000 and would save him $2,000 per year in energy costs. Assume a MARR of 10% and a useful life of 10 years. Compute the AW of this decision. Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is ±10.

Miguel is trying to decide whether or not to replace the windows on his house. Miguel estimates that installing new windows would cost $11,000 and would save him $2,000 per year in energy costs. Assume a MARR of 10% and a useful life of 10 years. Compute the AW of this decision. Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is ±10.

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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Miguel is trying to decide whether or not to replace the windows on his house. Miguel estimates that installing new windows would cost $11,000 and would save him $2,000 per year in energy costs. Assume a MARR of 10% and a useful life of 10 years. Compute the AW of this decision. Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is ±10.
Transcribed Image Text:Miguel is trying to decide whether or not to replace the windows on his house. Miguel estimates that installing new windows would cost $11,000 and would save him $2,000 per year in energy costs. Assume a MARR of 10% and a useful life of 10 years. Compute the AW of this decision. Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is ±10.
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