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Vi Corp. will upgrade its machinery. It costs $850,000 to buy the machinery and have it...

Vi Corp. will upgrade its machinery. It costs $850,000 to buy the machinery and have it installed. Operation and maintenance costs, which are $11,000 per year for the first three years, increase by 1000 per year for the machine's 10-year life. The machinery has a salvage value of 12% of its initial cost. Interest is 25%. What is the future worth cost of the machinery?

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Future worth cost of the machinery= $8,227,391.25

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jeff jeffy answered 2 years ago
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