Find estimated cost of replacement by equipment cost index, Microeconomics

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Find estimated cost of replacement by equipment cost index

Transportation equipment that was purchased in 2004 for $200,000 must be replaced at the end of 2009. What is the estimated cost of the replacement, based on the following equipment cost index?

Year Index Year Index
2004 223 2007 257
2005 238 2008 279
2006 247 2009 293

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Microeconomics: Find estimated cost of replacement by equipment cost index

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Microeconomics: Find estimated cost of replacement by equipment cost index

Reference No:- TGS068486

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : What is the breakeven point in number of pumps per month

Q : What will the cash flows for this project be

Q : Balance in the investment account

Q : Increase or decrease foreign reserves

Q : Find estimated cost of replacement by equipment cost index

Q : How much was stolen

Q : Market value of the total outputs in various years

Q : Adjustment to record bad debts for the period

Q : Determination of income and interest rates

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Find estimated cost of replacement by equipment cost index

Reference No:- TGS068486

Recent Questions Asked Microeconomics

Q : What is the breakeven point in number of pumps per month

Q : What will the cash flows for this project be

Q : Balance in the investment account

Q : Increase or decrease foreign reserves

Q : Find estimated cost of replacement by equipment cost index

Q : How much was stolen

Q : Market value of the total outputs in various years

Q : Adjustment to record bad debts for the period

Q : Determination of income and interest rates

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