Estimate the cost of a shell and tube heat exchanger

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A 250ft^2 shell and tube heat exchanger was purchased fo $13,500 in 1994 when the index value was 830. Estimate the cost of a 150 ft^2 shell and tube heat exchanger in 2010 when the index calue is 1,029 and the appropriate factor is 0.6.

Reference no: EM13250372

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