Question 11 Not complete You are a Project Engineer for Trane Corp and have been asked to compare the operating costs of two different models of air compressors for an important air supply project currently under tender Model A costs $50,000 and will have a useful life of 4 years. Operating costs are expected to be $4.000 per year. Model B costs $92,000 and will have a useful life of 6 years. Its operating costs are expected to be $2,500 per year. Mark 0.00 out of 5.00 P Flag question Both models will be able to operate at the same level and quality of output and generate the same cash flows. The applicable discount rate is 9.0 percent for this type of project. What annual cost saving do you calculate could be achieved from purchasing the cheaper model? $ 3623.83 (Give answer to 2 decimal places) Your last answer was interpreted as follows: 3623.83 Incorrect answer. Marks for this submission: 0.00/5.00 Check