Question:
If the MARR is 12%, compute the value of X that makes the two alternatives equally desirable.
A B
Cost $800 $1000
Uniform annual benefit 230 230
Useful life, in years 5 X
Definition Of Useful Life:
An asset's useful life is the period of time in years or the total amount of activity for which the asset will be economically feasible for use in a business operation. Useful life can be used to estimate the depreciation of an asset.