A grinding machine has a first cost of ($ 24,000) with an expected useful life of 13
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A grinding machine has a first cost of \(\$ 24,000\) with an expected useful life of 13 years. Salvage value at the end of its useful life is estimated to be \(\$ 8,000\). Annual maintenance expenses are \(\$ 350\). With \(\mathrm{i}=8 \%\), what is the equivalent uniform annual cost (EUAC) of the grinding machine?
a. \(\$ 2,370\)
b. \(\$ 2,665\)
c. \(\$ 2,980\)
d. \(\$ 3,010\)
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Related Book For
Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
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