Question: . A system with initial cost of $90000 has an operating cost of $2.5/hr and is operated 16hr/day for 300days/year. After10 years, the system has

. A system with initial cost of $90000 has an operating cost of $2.5/hr and is operated

16hr/day for 300days/year. After10 years, the system has a salvage value of $ 10000.

Assuming interest rate is 10%, total annualized cost over the 10year life is ?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To calculate the total annualized cost over the tenyear life of the system well first obtain the ann... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!