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A project has a life of 10 years and no salvage value. Your firm uses an MARR of 8% to evaluate projects. The project has
A project has a life of 10 years and no salvage value. Your firm uses an MARR of 8% to evaluate projects. The project has uncertain costs and revenue as shown in the table below: Net Revenue Probability $32,000 0.15 $45,000 0.55 $55,000 0.30 Initial Cost Probability 150,000 0.25 220,000 0.60 $320,000 0.15 Determine the risk for the project expressed as the standard deviation of the expected value of the EUAW Express your answer in $ to the nearest $100
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