Question: This answer is correct, but I'm not sure how to find it. Please show the by hand solution (not done in excel). Thanks! The following

This answer is correct, but I'm not sure how to find

This answer is correct, but I'm not sure how to find it. Please show the by hand solution (not done in excel). Thanks!

The following table is used to to make a replacement decision regarding a piece of engineering equipment: EAC EAC Salvage Maintenance (Capital (Maintenance Year Value Costs Costs) Costs) ??$28900-$3,000--$33,55? $3,000 tal -,5581 2|22,670| 6,000 21,921| 4,429 26,349 6,716 3 15,300 12,000 4 11,280 24,000 15,48210,440 25,922 5 7,800 48,000 13,701 16.592 30,293 What is the EAC(Capital) for the 3rd year at the MARR of 10%? $19.460 e $18,209 $18.181 $17,622 $16.840

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