A carbon steel heat exchanger that costs 140000 is, Chemical Engineering

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A carbon steel heat exchanger that costs 140000 is

A carbon steel heat exchanger that costs $140,000 is expected to have a service life of five years before it requires replacement. If type 304 stainless steel is used then the service life will be increased to ten years. Which exchanger is the most economical if the cost of capital is 12%?

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