12-12. The tree diagram in Figure P12-12 describes the uncertain cash flows for an engineering project. The
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12-12. The tree diagram in Figure P12-12 describes the uncertain cash flows for an engineering project. The analysis period is two years, and MARR = 15% per year.
Based on this information,
a. What are the E(PW), V(PW), and SD(PW) of the project?
b. What is the probability that PW ≥ 0? (12.3)
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Related Book For
Engineering Economy
ISBN: 9781292265001
17th Global Edition
Authors: William G. Sullivan ,Elin M. Wicks ,C. Patrick Koelling
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