3. If the first-year savings is considered to be a single end-of-year cash flow, and the entire...

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3. If the first-year savings is considered to be a single end-of-year cash flow, and the entire $90,000 investment is considered to occur at time 0, what is the present value of the project? Assume an interest rate of 15%.

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Engineering Economic Analysis

ISBN: 9780357419687

11th Edition

Authors: Donald Newnan, Ted Eschenbach, Jerome Lavelle

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