An equipment costing $57,500 is being considered for a production process at Dow Chemicals. The expected benefits
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An equipment costing $57,500 is being considered for a production process at Dow Chemicals. The expected benefits per year is $4,500 and estimated salvage value is $10,000. Determine the rate of return the company can get in this equipment proposal. Equipment life 15 years. Answer: (need trial & error from Table, write equation first)
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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