Engineering, 09.11.2021 20:10, gamergladiator43
The following cost and benefit information has been estimated for a pump that has a 10-year useful life.
Purchase Cost = $2,400
Annual Operating Cost = $1,200
Annual Maintenance Cost = $300
Annual Benefits = $2,000
Salvage Value = $200
Interest rate specified = 9% or 0.09
Find the capital recovery cost for this pump.
Answers: 3
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