Question: A construction firm is considering establishing an engineering computing center. The center will be equipped with three engineering workstations at a cost of $35,000 each,

A construction firm is considering establishing an engineering computing center. The center will be equipped with three engineering workstations at a cost of $35,000 each, and each has a service life of 5 years. The operating and maintenance cost is $15,000 per machine. The expected salvage value of each workstation is $2,000. AT MARR = 15%, determine the equavlaent annual cost (EAC) for operating the engineering center

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