Question: You replace an old machine. No salvage value. The new machine costs you $7,500. With the new modern automated machine, the production rate and sales

You replace an old machine. No salvage value. The new machine costs you $7,500. With the new modern automated machine, the production rate and sales increased by 7%. The yearly benefits become $5000 for the next 5 years. The operating and maintenance cost during this period is $1000/year. No overhauling during this period. At IRR= 9%, WHAT IS YOUR NET PRESENT WORTH OF THIS NEW MACHINE? (No decimal) round it
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