9. A machine which costs $100 000 when new has a lifetime of 15 years and a salvage value equal to 20% of its origi cost. Determine the capital recovery for this machine, if the interest rate is 10% per year, compounded annually. Ans. A= $12,517.60

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Good day! I need your help tutor please answer the question attached below. The answer is already provided, which means that will be your basis if your answers are correct or not.

Ps. In your solution, you identify the given and the what is being asked in the problem and I want to see the formula that you used and box your final answer. Don't give me a solution that is made in ms excel, I am not econ major so i'm asking for you to do the manual or the traditional computation.Lastly, don't give me a shortcut solution because i want to learn and study your computation :)

Pps. I want you to use the Present Worth Method,Annuity Worth Method, Future Worth Method .(if applicable)

9. A machine which costs $100 000 when new has a lifetime of 15 years and a salvage value equal to 20% of its original
cost. Determine the capital recovery for this machine, if the interest rate is 10% per year, compounded annually.
Ans. A= $12,517.60
Transcribed Image Text:9. A machine which costs $100 000 when new has a lifetime of 15 years and a salvage value equal to 20% of its original cost. Determine the capital recovery for this machine, if the interest rate is 10% per year, compounded annually. Ans. A= $12,517.60
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