Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. [6] 9. machine 1 has a capitalized cost of $74,000

[6] 9. Machine 1 has a capitalized cost of $74,000. Machine 2 has a cost...

70.2K

Verified Solution

Question

Finance

image
[6] 9. Machine 1 has a capitalized cost of $74,000. Machine 2 has a cost of $C, a scrap value estimated at $5000, an estimated lifetime of 10 years and annual maintenance costs of $2000. Machine 2 produces 20% more output per year than Machine 1. If = 8%, what is the value of C so that machine 1 and 2 are economically equivalent? (Answer to the nearest dollar)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Based on the following information for XYZ Corporation, answer the each question (calculate for year 2018). Assume...

Chemistry
1.2K views

Hess’s Law Problem: Show your work neatly and methodically. 1. From the enthalpies of reaction PUT...

Programming
1.2K views

IN LINUX/UNIX 1. Based on the example “awkc7” introduced in the handouts, please write an awk script...

Physics
1.2K views

1. Determine the variance in position and momentum, Δx2=−2 and Δp2=−

2 for the ground-state SHO and show that...

Advance Math
1.2K views

($4.6 Variation of Parameters): Solve the equations (a)–(c) using method of variation of parameters. (a) y''-6y+9y=8xe^3x (b) y''-2y'+2y=e^x...

Basic Math
1.2K views

The quadratic y = (x - 3)(x + 5) is horizontally translated left by 4...

Basic Math
1.2K views

The mean age when smokers first start is 13 years old with a population standard...

Accounting
1.2K views

Since the date it was acquired by Private Manufacturing, Secret has...

Accounting
1.2K views

Sweeten Company had no jobs in progress at the beginning of March and no beginning...

Accounting
1.2K views

1. Financial systems are the hub of any establishment, and with the pandemic crisis still...

Accounting
1.2K views

Assume that TDW Corporation (calendar-year-end) has 2017 taxable income of $650,000 for purposes of computing...

Accounting
1.2K views

Problem 23-2A Preparing and analyzing a flexible budget performance report LO P1, P2, A1 Phoenix...