The pumps end-of-year salvage values over the next 5 years
An electric oil pump's first cost is $45,000, and the interest rate is 10%. The pump's end-of-year salvage values over the next 5 years are $42K, $40K, $38K, $32K, and $26K. Determine the pump's economic life.
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an electric oil pumps first cost is 45000 and the interest rate is 10 the pumps end-of-year salvage values over the
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