Question: ACME Tools is considering buying a compressor for $75,000. The compressor will save $24,000 a year in production costs over its7 yearlife. If ACME's cost

  1. ACME Tools is considering buying a compressor for $75,000. The compressor will save $24,000 a year in production costs over its7 yearlife. If ACME's cost of money is 10%, determine the EAW.
  2. Determine the first cost of a new vision measurement system that has an EAC of $5,000 and an annual operating cost of $2,500. The machine is expected to last 6 years and money is worth 7%.

I would appreciate if @Rikzac7 can do it

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