How much would the owner of a building be justified in, Ask an Expert

Economics

How much would the owner of a building be justified in paying for a sprinkler system that will save $750 a year in insurance premiums if the system has to be replaced every 20 years and has a salvage value equal to 10% of its initial cost? Assume money is worth 7%.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92635694

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