Business, 03.12.2021 19:00 gregorio03

To improve package tracking at a UPS transfer facility, conveyor equipment was upgraded with RFID sensors at a cost of $100,000. The future market values are expected to decrease by 20% per year. The operating cost is expected to be $6,000 in year 1 with increases of $3,500 per year thereafter. At an interest rate of 8% per year, determine the economic service life of the sensor if the maximum life is 6 years.

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To improve package tracking at a UPS transfer facility, conveyor equipment was upgraded with RFID se...