How to do it wihtout excel pite 0l 330,000. The equipment reduced costs by $1000

Question

How to do it wihtout excel

pite 0l 330,000. The equipment reduced costs by $1000 per year during 8 years of use. After 8 years, the equipment was sold for $40,000. Assum- ing interest at 9%, did the equipment purchase prove to be desirable? Contributed by Harned Kashani, Saeid Sadri, and Baabak Ashuri, Georgia Institute of Technology (d) If th and Contrib South F 6-16 How A annual 6-12 If i = 6%, compute the EUAB over 6 years that is A equivalent to the two receipts shown. to rep interes Contr Baab 6-17 A fir ness $650 keep ever 20,000 10,000 4 6-13 Compute the EUAC for these cash flows. in p as v 0 4 i-8%

Explanation / Answer

The equation for the problem can be written as:-

P= 20,000(P/F,6%,2) + 10,000(P/F,6%,2)

EUAB=P*(A/P,6%,6)

EUAB=[20,000(0.89)+10,000(0.7921)]*(0.2034)

EUAB=(17800+7921) *(0.2034)

EUAB=5231.65

PLEASE RATE THE ANSWER AS THUMBS UP. THANKS A LOT.

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.