1. 4.35 Raytheon, a defense contractor, has been asked by the police department of Middletown to estimate and analyze the life-cycle costs for a proposed drone surveillance system to monitor traffic patterns and congestion within the central thoroughfares of the city. The list includes the following categories: R&D costs (R&D), nonrecurring investment costs (NRI), recurring investment costs (RI), scheduled and unscheduled maintenance costs (Maint), equipment usage costs (Equip), and disposal costs (Disp). The costs (in $ million units) for the 20-year life cycle have been estimated. Calculate the present worth at a MARR of 7% per year.Page 133 Table Summary: Table divided into 7 columns with the headings marked from left to right as: Year; R & D; NRI; RI;

Maintenance costs; Equipment; and Disposal Costs.

Year R&D NRI RI Maint Equip Disp 0 5.5 1.1 1 3.5 2 2.5 Year R&D NRI RI Maint Equip Disp 3 0.5 5.2 1.3 0.6 1.5 4 10.5 3.1 1.4 3.6 5 10.5 4.2 1.6 5.3 6–10 6.5 2.7 7.8 11 on 2.2 3.5 8.5 18–20