o electric motors are being evaluated for an automated paint booth cation. Each motor have an output of 10 horsepower. It is estimated th both will be operated at an average of 8 hours per day for 250 days pe MARR is 12% per year and the machine must return the capital in 5 . Motor A costs P68,000 and has a guaranteed efficiency of 85% at th ated operating load. Motor B costs P56,000 and has a guaranteed ency of 80% at the same operating load. Electric energy costs P 6.80 F att-hour and 1hp = = 0.746kW.
o electric motors are being evaluated for an automated paint booth cation. Each motor have an output of 10 horsepower. It is estimated th both will be operated at an average of 8 hours per day for 250 days pe MARR is 12% per year and the machine must return the capital in 5 . Motor A costs P68,000 and has a guaranteed efficiency of 85% at th ated operating load. Motor B costs P56,000 and has a guaranteed ency of 80% at the same operating load. Electric energy costs P 6.80 F att-hour and 1hp = = 0.746kW.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Concept explainers
Mortgages
A mortgage is a formal agreement in which a bank or other financial institution lends cash at interest in return for assuming the title to the debtor's property, on the condition that the obligation is paid in full.
Mortgage
The term "mortgage" is a type of loan that a borrower takes to maintain his house or any form of assets and he agrees to return the amount in a particular period of time to the lender usually in a series of regular equally monthly, quarterly, or half-yearly payments.
Question
Do step by step. No excel pls
Transcribed Image Text:I
wo electric motors are being evaluated for an automated paint booth
application. Each motor have an output of 10 horsepower. It is estimated that
the booth will be operated at an average of 8 hours per day for 250 days per
year. MARR is 12% per year and the machine must return the capital in 5
years. Motor A costs P68,000 and has a guaranteed efficiency of 85% at the
indicated operating load. Motor B costs P56,000 and has a guaranteed
efficiency of 80% at the same operating load. Electric energy costs P 6.80 per
kilowatt-hour and 1hp = = 0.746kW.
==
Determine the annual cost of electric energy in operating motor A.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education