A new sander costs $3,600 and has an annual maintenance cost of $400. Salvage value after 7

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A new sander costs $3,600 and has an annual maintenance cost of $400. Salvage value after 7 years is $600. If the interest rate is 10%, what is the present value?

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Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Posted Date: Mar 16, 2023 12:58 AM

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A new sander costs $3,600 and has an annual maintenance cost of $400. Salvage value after 7

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To calculate the present value of the sander we need to find the present value of the cash flows ass... View the full answer

Fundamentals of Engineering Economics

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