quiz2 - View Results Quiz 2 Chapters 4 5 6(Complete...

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View Results Name: Hussein Bzeih Attempt: 1 / 1 Out of: 16 Started: March 8, 2010 9:17pm Finished: March 8, 2010 9:56pm Time spent: 39 min. 17 sec. Student finished 0 min. 43 sec. ahead of the 40 min. time limit. Question 1 (5 points) Requires complete solution. (Ch 6, similar to HW # 6.11 pp. 233-234 – Blank 6th ed.) Two processes can be used for producing a polymer that reduces friction loss in engines. Process K will have a first cost of $200,000, an operating cost of $10,000 per month, and a salvage value of $50,000 after its 3-year life. Process L will have a first cost of $230,000, an operating cost of $4,000 per quarter, and a $10,000 salvage value after 6 years. Which process should be selected on the basis of an annual worth analysis at an interest rate of 8% per year, compounded quarterly? Student response: Not answered Score: 4 / 5 ( Question not answered. ) Grader comments There are four quarters in a year, needed to divide 8% by 4 not by 3. There are 3 months in a quarter. Process L should be selected.
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quiz2 - View Results Quiz 2 Chapters 4 5 6(Complete...

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