Answer:
The answer is "[tex]\$16,441[/tex]".
Explanation:
First-year operational and maintenance costs [tex]= \$11,880[/tex].
Operating and repair costs increase inwards[tex]=\$864[/tex] for the first year
N =15 years machine life
Interest [tex]I = 10\%[/tex]annually combined
Please find the image file.
Its single payment sequence is now provided by:
[tex]Amount=(\text{15-year system quantity})\times (\frac{\text{Rate of interest}}{(1-(1+ \text{Rate of interest})- n))}[/tex]
[tex]= \$522,371.3236 \times (\frac{0.1}{(1-(1+0.1)-15)})\\\\[/tex]
Uniform payment sequence [tex]=\$16441.2477 \approx\$16,441[/tex]
