ZuoTi.Pro
Question

A 8,000 gallon storage tank was purchased for $220,000 12 years ago. How much would a 12,000 gallon storage tank cost today i

business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

0 0
Add a comment
Know the answer?
Add Answer to:
A 8,000 gallon storage tank was purchased for $220,000 12 years ago. How much would a...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Question1 1 pts A 8,000 gallon storage tank was purchased for $160,000 12 years ago. How...

    Question1 1 pts A 8,000 gallon storage tank was purchased for $160,000 12 years ago. How much would a 12,000 gallon storage tank cost today if the power-sizing exponent were 0.75 and the cost index increased from 150 to 220 over the last 12 years. Express your answer in $to the nearest $1,000.

  • A 1000-gallon metal tank cost $200,000 when it was built 12 years ago. What would a...

    A 1000-gallon metal tank cost $200,000 when it was built 12 years ago. What would a 2500-gallon tank cost today if the power–sizing exponent is 0.57 and the construction cost index for such facilities has increased from 270 to 900 over the last 12 years? Solve this as follows. i) Consider power-sizing only. ii) Then consider cost index too.

  • #6) A 2000-gallon metal tank to hold hazardous materials cost $200,000 when it was fabricated 15...

    #6) A 2000-gallon metal tank to hold hazardous materials cost $200,000 when it was fabricated 15 years ago. What would a 5,000-gallon tank cost today if the power-sizing exponent is 0.575 and the construction cost index for such facilities has increased from 120 to 400 over the last 15 years? a $337,175 b. $666,667 c. $1,123,917 d. $200,000

  • Question 6 15 pts 2000-gallon metal tank to store hazardous materials was bought 5 years ago...

    Question 6 15 pts 2000-gallon metal tank to store hazardous materials was bought 5 years ago at cost of $50,000. If a 5,000-gallon tank cost (close to) $86,643 today, what will be the power-sizing exponent? [2 decimal only 1. 2. 3. 4. 5. 1.73, 0.58, 0.60 0.23 1.44 3 1 2

  • Kathy needs to replace the 1000-ft2 heat exchanger she purchased 6 years ago with a 3000-ft2...

    Kathy needs to replace the 1000-ft2 heat exchanger she purchased 6 years ago with a 3000-ft2 heat exchanger . If she purchased the 1000-ft2 heat exchanger for $5,000 6 years ago, estimate the cost of the 3000-ft2 heat exchanger today if the power sizing exponent is 0.6 and the cost index for compressors 6 years ago was 150 and today it is 210.

  • A 1000 gallon tank for water storage costs $650 in 2017. Estimate what a 5000 gallon...

    A 1000 gallon tank for water storage costs $650 in 2017. Estimate what a 5000 gallon tank costs in 2007. CEPCI Values Annual Index: 2006 499.6 2007 525.4 Equipment/Facility 2008 575.4 Blower, centrifugal 2009 521.9 2010 550.8 Drer, drum, single atmospheric TABLE 2-1 Example Power-Sizing Exponent Values Power-Sizing Exponent Size Range 10,000 100,000 ft3/min 200-2100 hp 500-7000 f2 10-100 ft2 20,000-70,000 ft2/min 10-1500 f2 0.05-20 million ga/day 5-20 bp 100-1000 gal 100-40,000 gal Compressor Crystallizer, vacuum batch 0.32 0.37 2010...

  • Reference: Table 1 Tech Engineering in TN is making a product for the overseas market. The...

    Reference: Table 1 Tech Engineering in TN is making a product for the overseas market. The following cost data for the product has been compiled. Item Cost Selling price $167 | Materials and purchased parts | $25/unit Direct Labor | 2 hrs at $20 per hour Fixed Cost $1,400,000 2.1 The breakeven volume for this product is A) 14,433 B) 8,383 C) 20,000 D) None of these 2.2. To reduce the breakeven volume to 15,000 units, what should be the...

  • pra nigner capacity 200-cup machine if the exponent value is 0.23. 12- A local farmer would...

    pra nigner capacity 200-cup machine if the exponent value is 0.23. 12- A local farmer would like to purchase a new water pump for his farm. The current one that he purchased 5 years ago for $150 has a flow rate of 3000 gallons per hour. The price index was 550 five years ago and is 680 today. If the exponent value is 0.45, find the cost of a new water pump that has a flow rate of 6000 gallons...

  • The Wagner Company currently uses an injection-molding machine that was purchased 2 years ago. This machine...

    The Wagner Company currently uses an injection-molding machine that was purchased 2 years ago. This machine is being depreciated on a straight-line basis, and it has 6 years of remaining life. Its current book value is $2,100, and it can be sold for $2,500 at this time. Thus, the annual depreciation expense is $2,100/6=$350 per year. If the old machine is not replaced, it can be sold for $500 at the end of its useful life. Wagner is offered a...

  • Replacement Analysis The Everly Equipment Company's flange-lipping machine was purchased 5 years ago for $80,000. It...

    Replacement Analysis The Everly Equipment Company's flange-lipping machine was purchased 5 years ago for $80,000. It had an expected life of 10 years when it was bought and its remaining depreciation is $8,000 per year for each year of its remaining life. As older flange-lippers are robust and useful machines, this one can be sold for $20,000 at the end of its useful life. A new high-efficiency digital-controlled flange-lipper can be purchased for $150,000, including installation costs. During its 5-year...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT