Parameters B. First Cost P24,000 P30,000 P49,600 Power per year 1,300 1,360 2,400 Labor per year 11,600 9,320 4,200 Maintenance per year 2,800 1,900 1,300 Taxes and insurance 3% 3% 3% Useful life 5 5.

A company is going to buy a new machine for manufacturing its products. Three machines are available. Data is as follows:

Money is worth 17% before taxes to the company. Which machine should be chosen?Use Present Worth Method

Extracted text: Parameters B. First Cost P24,000 P30,000 P49,600 Power per year 1,300 1,360 2,400 Labor per year 11,600 9,320 4,200 Maintenance per year 2,800 1,900 1,300 Taxes and insurance 3% 3% 3% Useful life 5 5.