Your company intends to purchase a 400 tonne capacity injection moulding machine. A similar machine was purchased eight years ago for $89,500. The price index for heavy duty equipment in the plastics industry

Your company intends to purchase a 400 tonne capacity injection moulding machine. A similar machine was purchased eight years ago for $89,500. The price index for heavy duty equipment in the plastics industry was 163.6 eight years ago and is 207.6 now.

Estimate the current cost of the machine. ($125,000 $113,000 $108,000 $98,000)

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Your company intends to purchase a 400 tonne capacity injection moulding machine. A similar machine was purchased eight years ago for $89,500. The price index for heavy duty equ…

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