An investment has just been made to purchase a small cnc, Business Economics

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An investment has just been made to purchase a small cnc

An investment has just been made to purchase a small CNC lathe of $17,000. This CNC lathe will be used to make ornamental parts for sale. Receipts are estimated at $25,000 per year with costs running $20,000 per year, the salvage value is $3,000 at the end of 10 years. If the MARR is 9%, what is the present worth of this investment?

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Business Economics: An investment has just been made to purchase a small cnc

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