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Northern Engineering is analyzing a mining project. Annual production, unit costs, and unit revenues are in the table. The first cost of the mine setup
Northern Engineering is analyzing a mining project. Annual production, unit costs, and unit revenues are in the table. The first cost of the mine setup is $8 million. If i is 15%, what is the PW?
| Year | Annual Production (tons) | Cost per ton | Price per ton |
| 1 | 70000 | $25 | $35 |
| 2 | 90000 | 20 | 34 |
| 3 | 120000 | 22 | 33 |
| 4 | 100000 | 24 | 34 |
| 5 | 80000 | 26 | 35 |
| 6 | 60000 | 28 | 36 |
| 7 | 40000 | 30 | 37 |
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