isiahamccoy8822
isiahamccoy8822
05.05.2020 • 
Business

Kal Tech Engineering is investigating the possibility of acquiring new automated packaging equipment at a cost of $12,000. It is expected that the equipment will have a salvage value of $1,000 at the end of it's useful life of 10 years. It is determined by the plant engineering department of the company that the operation and maintenance cost will be $500 every year (from year 1 to year 10). Determine the capital cost of the equipment if the interest rate is 10% annual

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