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Evaluate a combined cycle power plant on the basis of the Present Worth Method (PW) when MARR is 12 % per year. Pertinent cost data

Evaluate a combined cycle power plant on the basis of the Present Worth Method (PW) when MARR is 12 % per year. Pertinent cost data are as follows: (Power Plant (thousands of $) Investment Cost: $10530 Useful life: 15 years Market Value (EOY 15): $3,000 Annual Operating expenses: $1,000 Overhaul cost- end of 5th year: $1819 Overhaul cost- end of 10th year: $1679

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