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Also find CW of the Prairie is $__ thousand. And which plan us better? The National Park Service is considering two plans for rejuvenating the
Also find CW of the Prairie is $__ thousand.
And which plan us better?
The National Park Service is considering two plans for rejuvenating the forest and landscape of a large tract of public land. The study period is indefinitely long, and the Park Service's MARR is 10% per year. You have been asked to compare the two plans using the CW method. The first plan (Skyline) calls for an initial investment $550,000, with expenses of $20,000 per year for the first 20 years and $30,000 per year thereafter. Skyline also requires an expenditure of $210,000 twenty years after the initial investment, and this will repeat every 20 years thereafter. The second plan (Prairie View) has an initial investment of $650,000 followed by a single (one-time) investment of $290,000 thirty years later. Prairie View will incur annual expenses of $10,000 forever. Based on the CW measure, which plan would you recommend? Click the on to view the interest and annuity table f discrete compounding when- eyer. The CW of the Skyline is $thousand. (Round to the nearest whole number.)Step by Step Solution
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