An environmental engineer wants to evaluate three different methods for disposing of nonhazardous chemical waste: land application, fluidized-bed incineration, and private disposal contract. Use the estimates below to help her determine which has the least cost at /= 13% per year on the basis of an annual worth evaluation. First Cost AOC per Year Salvage Value Life Land $-145,000 $-91,000 $23,000 4 years Incineration $-910,000 $-50,000 $310,000 6 years The environmental engineer selects a (Click to select) private disposal contract land application fluidized-bed incineration Contract 0 $-132,000 0 2 years

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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An environmental engineer wants to evaluate three different methods for disposing of nonhazardous chemical waste: land application,
fluidized-bed incineration, and private disposal contract. Use the estimates below to help her determine which has the least cost at /=
13% per year on the basis of an annual worth evaluation.
First Cost
AOC per Year
Salvage Value
Life
Land
$-145.000
$-91,000
$23,000
4 years
Incineration
$-910,000
$-50,000
$310,000
6 years
The environmental engineer selects a✔(Click to select)
private disposal contract
land application
fluidized-bed incineration
Contract.
0
$-132,000
0
2 years
Transcribed Image Text:An environmental engineer wants to evaluate three different methods for disposing of nonhazardous chemical waste: land application, fluidized-bed incineration, and private disposal contract. Use the estimates below to help her determine which has the least cost at /= 13% per year on the basis of an annual worth evaluation. First Cost AOC per Year Salvage Value Life Land $-145.000 $-91,000 $23,000 4 years Incineration $-910,000 $-50,000 $310,000 6 years The environmental engineer selects a✔(Click to select) private disposal contract land application fluidized-bed incineration Contract. 0 $-132,000 0 2 years
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