With the estimates shown below, Sarah needs to determine the trade-in (replacement) value of machine X that will render Its AW equal to that of machine Y at an Interest rate of 8% per year. Determine the replacement value. Machine X Machine Y Market Value, S 92.000 -40,000 for year Uncreasing by 2000 per year thereafter. Annual Cost, S per Year -56.500 Salvage Value Life, Years 17.500 19,000 3 The replacement value is $

With the estimates shown below, Sarah needs to determine the trade-in (replacement) value of machine X that will render Its AW equal to that of machine Y at an Interest rate of 8% per year. Determine the replacement value. Machine X Machine Y Market Value, S 92.000 -40,000 for year Uncreasing by 2000 per year thereafter. Annual Cost, S per Year -56.500 Salvage Value Life, Years 17.500 19,000 3 The replacement value is $

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

Please answer arjent please help

With the estimates shown below, Sarah needs to determine the trade-in (replacement) value of machine X that will render Its AW equal
to that of machine Y at an Interest rate of 8% per year. Determine the replacement value.
Machine X
Machine Y
Market Value, $
92.000
-40,000 for year 1,Increasing by 2000 per
year thereafter.
Annual Cost, S per Year
-56,500
Salvage Value
17.500
19,000
Life. Years
3
The replacement value is $

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