(Solved): A 50-kilowatt gas turbine has an investment cost of $37,000. It costs another $17,000 for shipping, ...

A 50-kilowatt gas turbine has an investment cost of $\$37,000$. It costs another $\$17,000$ for shipping, insurance, site preparation, fuel lines, and fuel storage tanks. The operation and maintenance expense for this turbine is $\$400$ per year. Additionally, the hourly fuel expense for running the turbine is $\$7.00$ per hour, and the turbine is expected to operate 3,200 hours each year. The cost of dismantling and disposing of the turbine at the end of its 8 -year life is $\$8,000$. a. If the MARR is $16\%$ per year, what is the annual equivalent life-cycle cost of the gas turbine? b. What percent of annual life-cycle cost is related to fuel? Click the icon to view the interest and annuity table for discrete compounding when the MARR is $16\beta$ er year. a. The annual equivalent life-cycle cost of the gas turbine is $\$$ (Round to the nearest dollar.)