solve

What is INCORRECT about the LCM approach:

a$.$ Used for different$-$life alternatives

b$.$ Salvage value appears only at the last year which is equal to the LCM

c$.$ Assume the service is provided over the LCM or more years

d$.$ Cash flow for alternatives is repeated in the same manner over each life cycle

Clear my choice

Question $13$

Answer saved

Marked out of $2\mathrm{.}00$

P Flag question

A Uniform series estimating the economic worth F$($Future value$)$ when $A$ is given is calculated using:

a$.F=A(\frac{A}{F},n,i)$

b$.F=A(\frac{F}{A},i,n)$

c$.F=F(\frac{A}{F},i,n)$

d$.F=A(\frac{A}{F},i,n)$

Clear my choice

Question $14$

Answer saved

Marked out of $2\mathrm{.}00$

Flag question

A company that sells high$-$purity laboratory chemicals is considering investing in new equipment that will reduce cardboard costs by better matching the size of the products to be shipped to the size of the shipping container. If the new equipment will cost $$220,000$ to purchase and install, how much must the company save each year for $3$ years in order to justify the investment, if the interest rate is $10\%$ per year?

a$.$ $$47,015$

b$.$ $$78,545$

c$.$ $$47,663$

d$.$ $$88,464$