the tt racing and performance motor corporationc wishes to evaluate three alternative for nascar motor tune ups   use annual worth method at 10% interest rate to select the best alternative   if the corporation would the motor for next 3 years only which alternative should be chosen if machine S could be sold for 120000 at the end of year   first cost annual OP Salavage life years   Machine R -350000 -40000 30000 3   Machine S -470000 -50000 35000 5   Contractor C -150000 3   please using Excil sheet

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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the tt racing and performance motor corporationc wishes to evaluate three alternative for nascar motor tune ups

 

use annual worth method at 10% interest rate to select the best alternative

 

if the corporation would the motor for next 3 years only which alternative should be chosen if machine S could be sold for 120000 at the end of year

 

first cost annual OP Salavage life years

 

Machine R -350000 -40000 30000 3

 

Machine S -470000 -50000 35000 5

 

Contractor C -150000 3

 

please using Excil sheet

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