The initial cost of a machine expected to last 9 years is, Ask an Expert

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The initial cost of a machine expected to last 9 years is $10,000. Annual operating and maintenance costs are $1000.

Benefits associated with the machine expected to generate $1000 in the first year, increasing by $500 each following year.

The salvage value is $1000. If the MARR is 12%, calculate:

Present worth

Future Worth

Benefit to cost ratio

Simple Payback Period

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92765494

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