1. A project has a first cost of $14,000, uniform annual benefits of $2400, and a salvage value of $3000 at the end of its 10-year useful life. What is the net present worth at an interest rate of 12%?

	$560
	$526.45
	$500.24
	$500.45

2. The project in question 1 is acceptable?

	True
	False

3. If you are comparing four alternatives with all having a PW > 0, your conclusion will be that all alternative are not acceptable?

	True
	False

4. In question 3, the alternative with largest PW will be most feasible?

	True
	False