Two types of heating systems are considered to provide heat for a 35,000 ft 2 office building. Cost data for each system is given in Table 1. Table 1 11eb816b_6fe6_4e04_84e6_c92d286ab5de_SM2226_00 At 12% interest, which system would be more economical

Contemporary Engineering Economics 6th Edition by Chan Park

Edition 6ISBN: 978-0134105598

Edition 6ISBN: 978-0134105598

Exercise 21

Two types of heating systems are considered to provide heat for a 35,000 ft 2 office building. Cost data for each system is given in Table 1.
Table 1

At 12% interest, which system would be more economical

Explanation

Verified

Annual Equivalent Cost method is used wh...