Two electric motors A andB has the following informations: Motor A Motor B First Cost P8,400 P12,500 Life, years L 7 Annual Income 1,600 3,000 If the money is worth 12%, find the life L of motor A so that the two motors will be equally desirable.
Two electric motors A andB has the following informations: Motor A Motor B First Cost P8,400 P12,500 Life, years L 7 Annual Income 1,600 3,000 If the money is worth 12%, find the life L of motor A so that the two motors will be equally desirable.
Chapter1: Making Economics Decisions
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![Two electric motors A and B has the following
informations:
Motor A
Motor B
First Cost
P8,400
P12,500
Life, years
L
7
Annual Income
1,600
3,000
If the money is worth 12%, find the life L of
motor A so that the two motors will be equally
desirable.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5121bb69-8dc7-4ed0-bf9b-cfaa102bb25e%2Fb5a12894-ac97-4c51-af5d-c9ffa92da017%2Fc2w9lt_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Two electric motors A and B has the following
informations:
Motor A
Motor B
First Cost
P8,400
P12,500
Life, years
L
7
Annual Income
1,600
3,000
If the money is worth 12%, find the life L of
motor A so that the two motors will be equally
desirable.
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