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10. A coatinuous improvement has helped a company to raise savings with associated probabilities shown in the table below. The useful life is 5 years

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10. A coatinuous improvement has helped a company to raise savings with associated probabilities shown in the table below. The useful life is 5 years with a probability of0.6 and 3 years with probability of 0.4. Determine the joint probability distribution for savings per year and useful life. i. Determine the expected NPW if an investment of $50,000 is required. No salvage isexpected. Use a MARR of 10% Annual Benefit $15.500 $20,500 Probability 0.25 0.45 0.3 $25,500

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