What was the annual equivalent cost of the machine

Assignment Help Finance Basics
Reference no: EM13305912

A new machine was bought for $9,000 with a life of six years and no salvage value. It's operating costs are $7,000 the first year and increases by 5% for each of the following years. If the MARR = 12%, what was the annual equivalent cost of the machine?

Reference no: EM13305912

Questions Cloud

Establish and sketch the energy equation for the scenario : write solution in a organized and easy to follow matter. Will rate life saver for diagram or picture.Water leaves a treatment plant in a 500-mm diameter ductile iron pipeline at a pressure of 600 kPa
Determine the volume of the aluminum : A piece of aluminum with a mass of 1kg and density of 2700 kg/m^3 is suspended from a string and then completely immersed in a container of water. Determine the volume of the aluminum
How personally evaluate leadership effectiveness : Bring to mind specific instances in which a leader has had a powerful impact on you. These leadership examples may be ones that you consider unsuccessful, as well as those that you consider successful; they may be from within the health care industry..
Calculate temp of interface between steel and isulation : A stainless steel pipe (k= 17 W/m?C) is being used to convey heated oil. The inside surface temperature is 130?C. The pipe is 2 cm thick with an inside diameter of 8 cm. The pipe is insulated with 0.04 m thick insulation
What was the annual equivalent cost of the machine : It's operating costs are $7,000 the first year and increases by 5% for each of the following years. If the MARR = 12%, what was the annual equivalent cost of the machine?
Which will cause reaction at the bearing to be equal to zero : Determine the magnitude of which will cause the reaction at the bearing to be equal to zero. The bearings are in proper alignment and exert only force reactions on the rod. Set = 600 .
Grunig and hunt model of four types of public relations prac : Write an essay in which you discuss theGrunig and Hunt model of four types of public relations practice
What would the cost of that capital be : A company's perpetual preferred stockcurrently trades at $80 per share and pays a $6.00 annual dividendper share. If the company were to sell a new preferred issue,it would incur a flotation cost of 4%. What would the cost of that capital be?
Determine the magnitude of f2 which will cause the reaction : Determine the magnitude of F2 which will cause the reaction Cy at the bearing C to beequal to zero. The bearings are in proper alignment and exertonly force reactions on the rod. Set F1 = 550 lb.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd