Question: 9 - 5 . In a replacement analysis for a vacuum seal ona spacecraft, the following data are known about thechallenger: the initial investment is

9-5. In a replacement analysis for a vacuum seal ona spacecraft, the following data are known about thechallenger: the initial investment is $12,000; there is noannual maintenance cost for the first three years, however,it will be $2,000 in each of years four and five, and then$4,500 in the sixth year and increasing by $2,500 eachyear thereafter. The salvage value is $0 at all times, andMARR is 10% per year. What is the economic life of thischallenger? (9.5)

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