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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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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.

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