Question: Question 3 : A construction firm is evaluating whether to invest in a concrete batching system for $ 2 5 , 0 0 0 .

Question 3: A construction firm is evaluating whether to invest in a concrete batching system for $25,000. The system is expected to generate the net cash flows over its 60 year service life as shown in the table below. In addition, the equipment will require annual maintenance costs of $5000starting in Year 20 through Year 60. At the end of Year 60, the system is expected to have a salvage value of $3,0000. If the company's MARR 10%, should the company invest in the concrete batching system? Use Present Worth analysis to justify your answer. Year 1 $4,50000Year 2 $5,20000Year 32 $6,00000Year 4 $6,50000Year 54 $4,80000Year 6 $3,90000

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