Question: Read the question carefully: A bakery is considering replacing an oven for the bread making division. A new oven costs $20,000; the market value and

Read the question carefully:

A bakery is considering replacing an oven for the bread making division. A new oven costs $20,000; the market value and maintenance cost is presented in the table below. The MARR is 10%.

EOY (N) Market Value Maintenance Cost Capital Recovery Equivalent Annual Maintenance Cost Annual Equivalent Cost
0 $20,000
1 $17,000 $9,500 $5,000.00 $9500.00 $14,500.00
2 $14,000 $9,600 $4,857.14 $9,547.62 $14,404.76
3 $11,000 $9,700 X Y Z
4 $7,000 $9,800 U V W

Enter your answer as follow: 123456.78

From the table above, what is the correct value for U?

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