A library shelving system has a first cost of 23500 and a, Ask an Expert

Economics

A library shelving system has a first cost of $23,500 and a useful life of 10 years. The annual maintenance is expected to be $2,700. The annual benefits to the library staff are expected to be $8,600. If the effective annual interest rate is 9.5%, what is the benefit-cost ratio of the shelving system?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92197477

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