What Is the Economic Life of the Following Asset, Given

question 9

Multiple Choice

What is the economic life of the following asset, given that its purchase price is and the MARR = 10%?

• A)more than 4 years since EAC is increasing over 4 years
• B)1 year and EAC = $46 000
• C)2 years and EAC = $45 048
• D)3 years and EAC = $47 147
• E)4 years and EAC = $45 000

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