Question
Below, are figures estimating the annual benefits and costs of a public projects from year 0-5 YEAR 0 1 3 4 5 COST $170,000 $12,000
Below, are figures estimating the annual benefits and costs of a public projects from year 0-5
| YEAR | 0 | 1 | 3 | 4 | 5 |
| COST | $170,000 | $12,000 | $15,000 | $18,000 | $20,000 |
| BENEFITS | $0 | $50,000 | $60,000 | $80,000 | $120,000 |
Assuming the discount rate is 7%, what is the net present value of this public project?
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Modeling Monetary Economies
Authors: Bruce Champ, Scott Freeman, Joseph Haslag
4th Edition
1316508671, 1316508676, 9781316723302 , 978-1107145221
