determine the proper equations to find pw of each


Determine the proper equations to find PW of each machine. The cost of money is 10% per year.

                             Machine X         Machine Y

Initial cost, $            -55,000            -46,000

Annual cost, $/year   -10,000            -15,000

Salvage value, $         10,000             24,000

Life, years                     6                    3

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Econometrics: determine the proper equations to find pw of each
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