Question: Two numerically controlled drill presses are being considered by the production department of Zunni's Manufacturing; one must be selected. Comparison data is shown in the

 Two numerically controlled drill presses are being considered by the production

Two numerically controlled drill presses are being considered by the production department of Zunni's Manufacturing; one must be selected. Comparison data is shown in the table below. MARR is 10%/year. Drill Press T Drill Press M Initial Investment $20,000 $30,000 Estimated Life 10 years 10 years Estimated Salvage Value $5,000 $7,000 Annual Operating Cost $12,000 $6,000 Annual Maintenance Cost $4,000 $2,000 Click here to access the TVM Factor Table Calculator What is the future worth of each drill press? Drill Press T: $ Drill Press M: $

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