A low-carbon-steel machine part, operating in a corrosive atmosphere, lasts 6 years, and costs $350 installed. If
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A low-carbon-steel machine part, operating in a corrosive atmosphere, lasts 6 years, and costs $350 installed. If the part is treated for corrosion resistance it will cost $500 installed. How long must the treated part last to be the preferred alternative, assuming 10% interest?
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The annual cost of the untreated part 350 AP 10 6 ...View the full answer
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