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What would you evaluate your annual benefit for this unit

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Question - Your company is considering a new sling lift system for your on-site construction crane units. This should reduce your operating costs by about $3100 annually. You have two options. One option has a useful life of 7 years and costs $11,500. What would you evaluate your annual benefit for this unit to be if you have an interest rate of 5%?

Reference no: EM133170470

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