Question 1121253: Two electric motors A and B has the following informations:
Motor A Motor B
First Cost 8,400.00 12,500.00
Life/ Years L 7
Annual Income 1,600.00 3,000.00
If the money is worth 12%, find the life L of motor A so that the two motors will be equally desirable. Answer by solver91311(24713) (Show Source):
