/
/
/
The cost of maintaining a certain piece
Not my Question
Flag Content

# Question : The cost of maintaining a certain piece : 5624

The cost of maintaining a certain

piece of equipment is \$90,000 per

year. At an interest rate of 10% per

year, the present worth of

maintaining the equipment for 10

years is closest to:

Select one:

a. \$894,000

b. \$1,015,000

c. \$712,000

d. \$553,000

The cost of maintaining a certain

piece of equipment is \$90,000 per

year. At an interest rate of 10% per

year, the present worth of

maintaining the equipment for 10

years is closest to:

Select one:

a. \$894,000

b. \$1,015,000

c. \$712,000

d. \$553,000

The cost of maintaining a certain

piece of equipment is \$90,000 per

year. At an interest rate of 10% per

year, the present worth of

maintaining the equipment for 10

years is closest to:

Select one:

a. \$894,000

b. \$1,015,000

c. \$712,000

d. \$553,000

## Solution 5 (1 Ratings )

Solved
Finance 10 Months Ago 87 Views
This Question has Been Answered!