Find the net cost to obtain the equipment assume
Econometrics
find the net cost to obtain the equipment assume. 15% tradein of original cost for old equipment. also noinflation equipment originalsize cost of original equipment powersizing equipment new euipment size
varnishbath 50gal $3500 0.80 75 gal
powerscraper 3/4hp $250 0.22 1.5 hp
paintbooth 3 cubicft. $3000 0.6 12 cubic ft
use the following cost index data for each piece of equipmentto update the price that would be paid today original equipment cost indexwhen originallpurchased cost index