Question: An in-line filter for a water plant has an estimated life of eight years. By adding a purifier to the filter saving so $300 per

An in-line filter for a water plant has an estimated life of eight years. By adding a purifier to the filter saving so $300 per year in annual operating costs can be obtained. If the MARR for the plant is 8%, what is the maximum expenditure that can be justified for paying for the purifier? Suggest using the discrete compounding tables.

	A.	$555
	B.	$1724
	C.	$1875
	D.	$300
	E.	$24

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