Test 2-Engineering Economy Class CHEG 2003- Spring, 2018- Section 1-9:30 AM-11:00 AM Date April 10, 2018 111 Student Name: No, in Class Roll Seremts Huntes Direction Please read the questions carefully. Please draw the cash flow diagrams and explain the steps that you are going to approach to solve the problems then solve the problem. Show the details in solving the problems. Please write legible hand writing, otherwise there is a deduction from your grade 10 points. Missing Cash Flow Diagram is deductible points equal to 10% of the total points for each question. Q1) A machine having first coast of s20,000 is expected to save $1500 in the first year of operation and the saving should increase by $200 until (and including) the 9h year, thereafter, the saving will decrease by S150 until (and including) the 16th year. Using equivalent uniform annua worth, is this machine economical? Assume a MARR of 10%. nital cost $20,0 MARR 107