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A contractor wants to invest in the following project: a) Calculate the Present Worth (PW) and Equivalent Annual Worth (EAW) if n=6(effective life) and i=9%.

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A contractor wants to invest in the following project: a) Calculate the Present Worth (PW) and Equivalent Annual Worth (EAW) if n=6(effective life) and i=9%. b) Calculate the Internal Rate of Return (IRR) for the investment. If the Minimum Acceptable Rate of Return (MARR) of the contractor is 11% would this be an attractive investment? I $ 6.2M $6.2M $ 6.2M $6.2M $6.2M $ 6.2M 1 3 4 5 6 $ 5M $ 5M $ 20M

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