I need answer within 30 minutes please with my best wishes The following table gives the operationcost, maintenance cost and salvagevalue at the end of every year of amachine whose purchase value 30,000$Find the economic life of the machineassuming interest rate, i = 20%. *Maintenance cost at the end ofyear $No ofOperation cost at the end of yearSalvage value at the end of yearYears300030090002.400040080003500050070006000500060006007000800070068004000900090030001000010002000110001100100010120001200O 789.O 4

Given P(purchase value)= 30000 i= 20% or 0.20

The following table gives the operation cost, maintenance cost and salvage value at the end of every year of a machine whose purchase value 30,000 $Find the economic life of the machine assuming interest rate, i = 20%. * No of Operation cost at the end of year Maintenance cost at the end of Salvage value at the end of year Years year $ 3000 300 9000 4000 400 8000 5000 6000 500 7000 600 6000 7000 700 5000 8000 800 4000 9000 900 3000 10000 1000 1100 2000 11000 1000 10 12000 1200

The following table gives the operation cost, maintenance cost and salvage value at the end of every year of a machine whose purchase value 30,000 $Find the economic life of the machine assuming interest rate, i = 20%. * No of Operation cost at the end of year Maintenance cost at the end of Salvage value at the end of year Years year $ 3000 300 9000 4000 400 8000 5000 6000 500 7000 600 6000 7000 700 5000 8000 800 4000 9000 900 3000 10000 1000 1100 2000 11000 1000 10 12000 1200

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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