For equipment that has a first cost of $11,500, the estimated operating costs and year-end salvage values are as shown. Year Operating Cost, $ Salvage Value, $ 1 -1,000 7,000 2 -1,200 5,000 3 -1,300 4,500 4 -2,000 3,000 5 -3,000 2,000 etermine the economic service life ESL, at /= 10% per year using factors. he economic service life ESL, is years with the AW = $-

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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For equipment that has a first cost of $11,500, the estimated operating costs and year-end salvage values are as shown.
Year
1
2345
Operating Cost, $
Salvage Value, $
-1,000
7,000
-1,200
5,000
-1,300
4,500
-2,000
3,000
-3,000
2,000
etermine the economic service life ESL, at /= 10% per year using factors.
he economic service life ESL, is
years with the AW= $-|
Transcribed Image Text:For equipment that has a first cost of $11,500, the estimated operating costs and year-end salvage values are as shown. Year 1 2345 Operating Cost, $ Salvage Value, $ -1,000 7,000 -1,200 5,000 -1,300 4,500 -2,000 3,000 -3,000 2,000 etermine the economic service life ESL, at /= 10% per year using factors. he economic service life ESL, is years with the AW= $-|
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