Parts A-D

Part A.) Find the effective interest rate per QUARTER

Part B.) draw Cash flow diagram

Part C.) Determine the equivalent present worth for all the cash flows described.

Part D.) Determine the equivalent annual worth

Problem 1 (20 points) Metropolitan Water utility is planning to upgrade its SCADA system for controlling well pumps, booster pumps, and disinfection equipment so that everything can be controlled from one site. The first phase (phase I) will reduce labor and travel costs by $31,000 per quarter. The second phase (phase II) will reduce costs by $20,000 per quarter. The phase I will occur in year 1 through 3 and phase II in year 4 through 10. The interest rate is 24% per year compounded quarterly. wa every 4 month dal AAN