Question: What is the solution for this problem in the engineering economy 16th edition its market value at EOY four is $300, complete Table P5-24 below

What is the solution for this problem in the engineering economy 16th edition What is the solution for this problem in the engineering economy 16th

its market value at EOY four is $300, complete Table P5-24 below [values (a) through (f)], using an opportunity cost of 5% per year. Compute the equivalent uniform CR amount, using information from the completed table. A simple, direct space heating system is currently being used in a professional medical office complex. An upgraded "variable air-volume system" retrofit can be purchased and installed for $200,000 (investment cost). Its power savings in the future will be 500,000 kilo-Watt hours per year over its estimated life of 8 years. The cost of electricity is $0.10 per kilo-Watt hour. If the firm's cost of capital is 12% per year and the residual value of the system in 8 years is $20,000, should the new system be purchased? Use the present worth method

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