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A drill press was purchased 4 years ago for $40,000. Its estimated salvage value after 7 years was $5,000. The press can
Posted: Fri Jul 01, 2022 7:54 am
by answerhappygod
- A Drill Press Was Purchased 4 Years Ago For 40 000 Its Estimated Salvage Value After 7 Years Was 5 000 The Press Can 1 (29.9 KiB) Viewed 22 times
A drill press was purchased 4 years ago for $40,000. Its estimated salvage value after 7 years was $5,000. The press can be sold for $15,000 today, or for $12,000, $9,000, or $6,000 at the ends of each of the next 3 years. The annual operating and maintenance cost for the next 3 years will be $2,700 for this year and then will increase by $800 per year. Considered MARR is 10%. What is the total marginal cost for year-3? 9,200 8,200 O 7,200 O 7,700