- A New Machine Was Bought For 8 000 With A Life Of Eight Years And No Salvage Value Its Annual Operating Costs Were As 1 (30.55 KiB) Viewed 29 times
A new machine was bought for $8,000 with a life of eight years and no salvage value. Its annual operating costs were as
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A new machine was bought for $8,000 with a life of eight years and no salvage value. Its annual operating costs were as
A new machine was bought for $8,000 with a life of eight years and no salvage value. Its annual operating costs were as follows: $6,000, $6,420, 6869.40,.... $9,634.69 If the MARR = 12%, what was the annual equivalent cost of the machine? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 12% per year. Choose the correct answer below. A. The annual equivalent cost of the machine was $1,610. B. The annual equivalent cost of the machine was $9,004. C. The annual equivalent cost of the machine was $7,490. D. The annual equivalent cost of the machine was $7,393. E. The annual equivalent cost of the machine was $12,264.