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3.What is the WAPI for projects 1 & 2 combined. The total budget available is $117 PI Initial Cost Project 1 0.974 $35 Project 2

3.What is the WAPI for projects 1 & 2 combined. The total budget available is $117 PI Initial Cost Project 1 0.974 $35 Project 2 2.697 $51

4.

What is the discounted payback period (in annual terms) of the following cashflow stream? The rate is 4.1%.

Year 1: $-1,411

Year 4: $455

Year 7: $471

Year 12: $2,450

Year 17: $890

Year 20: $-963

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