the answer to this question is Q8.14= The after-tax present worth of the chip placer is -$1683. we just need to find how we get that answer for this question, please help NO EXCEL plz use this formal to find the answer last question (-(cost)(CTF)) + ((savings)(1-t)(P/A,10%,6)) + ((salvage)(CSF)(P/F,10%,6)) plz help 8.14 (LG 8.5, 8.10) What is the after-tax present worth of a chip placer if it costs $55 000 and saves $17 000 per year? After-tax interest is 10 percent. Assume the device will be sold for a $1000 salvage value at the end of its six-year life. The CCA rate is 20 percent and the corporate income tax rate is 54 percent.
the answer to this question is Q8.14= The after-tax present worth of the chip placer is -$1683. we just need to find how we get that answer for this question, please help NO EXCEL plz use this formal to find the answer last question (-(cost)(CTF)) + ((savings)(1-t)(P/A,10%,6)) + ((salvage)(CSF)(P/F,10%,6)) plz help 8.14 (LG 8.5, 8.10) What is the after-tax present worth of a chip placer if it costs $55 000 and saves $17 000 per year? After-tax interest is 10 percent. Assume the device will be sold for a $1000 salvage value at the end of its six-year life. The CCA rate is 20 percent and the corporate income tax rate is 54 percent.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education