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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 60
A manufacturing company spent $30,000 on a new conveyor belt. If the conveyor belt resulted in cost savings of $4200 per year, the length of time it would take for the company to recover its investment at 8% per year is closest to:
A) Less than 9 years
B) 9 to 10 years
C) 11 to 12 years
D) Over 12 years
A) Less than 9 years
B) 9 to 10 years
C) 11 to 12 years
D) Over 12 years
Explanation
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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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