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engineering economics 3. Single Alternative Annualized Worth Problem: Period of performance is 10 years. Interest rate is 3% per year. Salvage value is Purchase Price
engineering economics
3. Single Alternative Annualized Worth Problem: Period of performance is 10 years. Interest rate is 3% per year. Salvage value is Purchase Price at 0 and decreases linearly until it hits zero at 20 years. You will need to calculate salvage value a Initial Cost (Purchase Price) is 600,000. Net Cash flow generated per year is 4 Wh 0,000 at is the Annualized Worth and does it make sense using Single Alternative criterion
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