West Coast Marine & RV is considering replacing its wired pendant controllers on its heavy-duty cranes with
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West Coast Marine & RV is considering replacing its wired pendant controllers on its heavy-duty cranes with new portable infrared keypad controllers. The company expects to achieve a cost savings of $14,000 the first year and amounts increasing by $1500 each year thereafter for the next 4 years. At an interest rate of 12% per year, what is the equivalent annual worth of the savings?
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Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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