A contractor wants to buy a piece of equipment to use over 5 years and then sell it. The equipment cost $25,000. It provides an annual revenue of $8,000 and incurs annual expenses of $2,000. At the end of these 5 years, the contractor sells the equipment for a salvage value of $8,000. Using the MARR of 4%. What is the annual worth of this equipment?

Answer rating: 100% (QA)

Answer The annual worth of the equipment is 373851 Heres how to calculate it 1 Calculate annual net ... View the full answer