Determine the equivalent uniform annual worth
Macroeconomics
Determine the Equivalent Uniform Annual Worth for both of the following alternatives, assuming an interest rate of 10%.
Show your work on your worksheet. Type in your answers rounded to the nearest $100 using the following format $XXXX
Data | A | B |
First Cost | $4,000 | $6,000 |
Annual Cost | $1,000 | $500 |
Annual Benefit | $2,000 | $2,200 |
Life, Years | 4 | 10 |
Salvage Value | $3,000 | $1,000 |
What is the EUAW for Option A?
What is the EUAW for option B?