Question: Part B please A remotely situated fuel cell has an installed cost of $2 000 and will reduce existing surveillance expenses by $130 per year

Part B please  Part B please A remotely situated fuel cell has an installed

A remotely situated fuel cell has an installed cost of $2 000 and will reduce existing surveillance expenses by $130 per year for eight years. The Border security agency's MARR is 10% per year. a. What is the minimum savage (market) value after eight years that makes the fuel cell worth purchasing? b. What is the fuel cell's IRR if the salvage value is negligible? a. The minimum savage (market) value is $ 512.59. (Round to the b. The fuel cell IRR it %. (Round to two decimal places.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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!