Problem 2 As a Civil Engineer you are evaluating two different pieces of equipment for the building. Use LCM (least common multiple)_What is your study period? **NOTE - Equipment Life (needs to be replaced) (interest rate = 10%) USING A FUTURE WORTH Equipment A First cost $ -15,000 Equipment B -18,000 Annual cost (Maintenance) -3,500 -3,100 Salvage Value Life Years 1000 2,000 6 9 FW- A -310,735 Negative FW-B-277,163 Negative Select Vendor B
Problem 2 As a Civil Engineer you are evaluating two different pieces of equipment for the building. Use LCM (least common multiple)_What is your study period? **NOTE - Equipment Life (needs to be replaced) (interest rate = 10%) USING A FUTURE WORTH Equipment A First cost $ -15,000 Equipment B -18,000 Annual cost (Maintenance) -3,500 -3,100 Salvage Value Life Years 1000 2,000 6 9 FW- A -310,735 Negative FW-B-277,163 Negative Select Vendor B
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![Problem 2
As a Civil Engineer you are evaluating two different pieces of equipment for the building. Use LCM (least common multiple)_What
is your study period? **NOTE - Equipment Life (needs to be replaced) (interest rate = 10%) USING A FUTURE WORTH
Equipment A
First cost $
-15,000
Equipment B
-18,000
Annual cost
(Maintenance)
-3,500
-3,100
Salvage Value
Life Years
1000
2,000
6
9
FW- A -310,735 Negative
FW-B-277,163 Negative
Select Vendor B](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4fcee30f-ec1c-4495-8953-17835aca965f%2F8c657178-e828-4797-bcfc-dab8227d2622%2F3g04avyn_processed.png&w=3840&q=75)
Transcribed Image Text:Problem 2
As a Civil Engineer you are evaluating two different pieces of equipment for the building. Use LCM (least common multiple)_What
is your study period? **NOTE - Equipment Life (needs to be replaced) (interest rate = 10%) USING A FUTURE WORTH
Equipment A
First cost $
-15,000
Equipment B
-18,000
Annual cost
(Maintenance)
-3,500
-3,100
Salvage Value
Life Years
1000
2,000
6
9
FW- A -310,735 Negative
FW-B-277,163 Negative
Select Vendor B
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 3 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![Principles of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305585126/9781305585126_smallCoverImage.gif)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Managerial Economics: A Problem Solving Approach](https://www.bartleby.com/isbn_cover_images/9781337106665/9781337106665_smallCoverImage.gif)
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
![Managerial Economics & Business Strategy (Mcgraw-…](https://www.bartleby.com/isbn_cover_images/9781259290619/9781259290619_smallCoverImage.gif)
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education