North City must choose between two new snow-removal
Chapter , Problem 5-50(choose chapter or problem)
North City must choose between two new snow-removal machines. The SuperBlower has a $70,000first cost,a 20-yearlife, and an $8000salvagevalue.At the end of 9 years, it will need a major overhaulcosting $19,000.Annualmaintenanceand operatingcosts are $9000. The Sno-Mover will cost $50,000,has an expected life of 10 years, and has no salvagevalue. The annual maintenance and operating costsare expected to be $12,000. Using a 12% interestrate, which machine should be chosen?
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