A new mill costs $5000 and has an annual maintenance fee of $200. salvage value after 5

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A new mill costs $5000 and has an annual maintenance fee of $200. salvage value after 5 years is $1000. if the interest rate is 8% the present worth is nearly?

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Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Posted Date: Mar 09, 2024 05:50 AM

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A new mill costs $5000 and has an annual maintenance fee of $200. salvage value after 5

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To calculate the present worth of the new mill we need to consider the initi... View the full answer

Contemporary Engineering Economics

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