The following data for I and I are in format [I,J]. First cost in $: [-150,000, -250,000], Annual Income in $: [20,000, 40,000], Annual Expense in $: [-9,000, -14,000], Salvage value in $: [25,000, 35,000], $ Life in years [3,6]. The interest rate is 15% per year. In comparing alternatives I and J by the present worth method, the value of n that must be used in 1,000 (P/A,1%,n) for alternative I is: Select one: O a. 3 O b. 36 O c. 18 O d. 6

The following data for I and I are in format [I,J]. First cost in $: [-150,000, -250,000], Annual Income in $: [20,000, 40,000], Annual Expense in $: [-9,000, -14,000], Salvage value in $: [25,000, 35,000], $ Life in years [3,6]. The interest rate is 15% per year. In comparing alternatives I and J by the present worth method, the value of n that must be used in 1,000 (P/A,1%,n) for alternative I is: Select one: O a. 3 O b. 36 O c. 18 O d. 6

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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