Answer to Question #208968 in Finance for Smarika

Question

24. An injection molding machine has a first cost of $1,050,000 and a

salvage value of $225,000 in any year the machine is sold. The

maintenance and operating cost is $235,000 with an annual gradient of

$75,000. The MARR is 10%. What is the most economic life?

Answer 1

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