In a Decision to Keep or Replace a Piece of Equipment,calculate

question 83

Multiple Choice

In a decision to keep or replace a piece of equipment,calculate the total yearly expense of keeping the old equipment using the following data.

• A) $105 000
• B) $25 000
• C) $95 000
• D) $130 000

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Definitions:

Numerical Coefficient

The numerical factor in a term.

Like Terms

Terms in an algebraic expression that have the same variables raised to the same power, and therefore can be combined.

Simplify

To make something less complicated or easier to understand, often by reducing it to its basic components.

Collect Like Terms

The process of simplifying mathematical expressions by combining terms with the same variables.