Question
A new transmission in your truck will cost $5,000.00. Luckily, it should reduce maintenance expense by $3,725.00 each year for the next 10 years. What
A new transmission in your truck will cost $5,000.00. Luckily, it should reduce maintenance expense by $3,725.00 each year for the next 10 years. What is the profitability index of the transmission? Use a discount rate of 11.80%.
| 4.01 |
| 4.14 |
| 4.24 |
| 3.83 |
| 4.48 |
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
