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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 44
New state mandated emission testing equipment for annual inspection of automobiles at Charlie's Garage has a first cost of $30,000, an annual operating cost of $7000, and a $5000 salvage value after its 20-year life. For a real interest rate of 5% per year and an inflation rate of 4% per year, the annual capital recovery requirement for the equipment (in future dollars) is determined by:
A)
B)
C)
D)
A)
B)
C)
D)
Explanation
Verified
Verified
F is future accumulated amount,
n is nu...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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