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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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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