Question: Question 5 (12 points) How much could you justify spending on a Halon fire control system that saves $1,150 per year in insurance costs, has

Question 5 (12 points) How much could you justify spending on

a Halon fire control system that saves $1,150 per year in insurance

Question 5 (12 points) How much could you justify spending on a Halon fire control system that saves $1,150 per year in insurance costs, has a useful life of 16 years, and has a salvage value equal to 9% of its initial cost? Assume a 6% interest rate. Question 8 (14 points) Our company is deciding whether or not to buy a machine that costs $250,000 and will provide $60,000 each year in benefits. The company plans to use the machine for 12 years then sell the machine for scrap, receiving $15,000. If the company interest rate is 10%, what is the Net Present worth of the machine

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