Seven years ago a new brunswick logging company purchased a, Ask an Expert

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Seven years ago a New Brunswick logging company purchased a used wood chipper for $141,600 for biomass and custom chipping. Operating and maintenance costs averaged $4,100 per year. A complete overhaul at the end of year 4 cost additional $12,000. Annual revenue from using the chipper was $24,000 per year. Calculate the annual worth of the chipper at 7% interest rate

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91368310

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