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A machine has initial cost of Rs. 16000 and useful life of 4 years. If the salvage value of the machine after 2 years is 4000 and after 4 years is 2000, find present worth of cost of the machine for desired service life of 6 years with identical replacement after 4 years. Assume MARR of 10%.
21304
23304
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23304
Practice and solve "A machine has initial cost of Rs. 16000 and useful life of 4 years. If the salvage value of the mach..." for Electrical - Economics for Engineers. The correct answer is Option B: 23304. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(b) **