Question

In: Economics

Consider palletizer at a bottling plant that has a first cost of $141,424, has operating and...

Consider palletizer at a bottling plant that has a first cost of $141,424, has operating and maintenance costs of $14,037 per year, and an estimated net salvage value of $44,603 at the end of 30 years. Assume an interest rate of 8%. What is the future worth of this project?

Enter your answer as follow: 123456.78

Solutions

Expert Solution

The given data are executed in excel.

Therefore Future worth of the project is= $-2968756

The excel calculation are given below:

F/P factor has been taken from the table.

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