General Motors (GM) has purchased automotive manufacturing robots for the assembly of its new 2022 Bolt...

 

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General Motors (GM) has purchased automotive manufacturing robots for the assembly of its new 2022 Bolt Electric Vehicles. Assume these robots cost $4 million to purchase and install and with an estimated $250,000 per quadrimester (every four months) for all materials, operating. personnel, and maintenance costs. The expected life is 20 years. An engineer wants to estimate the total revenue requirement for each 2-month period (bimonthly) that is necessary to recover the investment, interest, and annual costs. Find this bimonthly A value if capital funds are evaluated at 16% per year compounded bimonthly. Ensure you draw the cash flow diagrams for this analysis and state all the engineering economy symbols given in the problem. Please use accurate cash diagram, state symbols and help me find the bimonthly revenue requirement on paper, and not excel. General Motors (GM) has purchased automotive manufacturing robots for the assembly of its new 2022 Bolt Electric Vehicles. Assume these robots cost $4 million to purchase and install and with an estimated $250,000 per quadrimester (every four months) for all materials, operating. personnel, and maintenance costs. The expected life is 20 years. An engineer wants to estimate the total revenue requirement for each 2-month period (bimonthly) that is necessary to recover the investment, interest, and annual costs. Find this bimonthly A value if capital funds are evaluated at 16% per year compounded bimonthly. Ensure you draw the cash flow diagrams for this analysis and state all the engineering economy symbols given in the problem. Please use accurate cash diagram, state symbols and help me find the bimonthly revenue requirement on paper, and not excel.