If a manufacturer of electronic devices invests $750,000 in equipment for making compact piezoelectric accelerometers for general purpose vibration measurement, estimate the rate of return from revenue of $ 250,000 per year for 10 years and $84,000 in salvage value from the used equipment sale in year 10. The rate of return is 34.5 %.
If a manufacturer of electronic devices invests $750,000 in equipment for making compact piezoelectric accelerometers for general purpose vibration measurement, estimate the rate of return from revenue of $ 250,000 per year for 10 years and $84,000 in salvage value from the used equipment sale in year 10. The rate of return is 34.5 %.
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 22P
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