Pine Village city council proposes to construct new recreation fields Construction will cost $323,828 and annual O M expenses are $78,754 The city council estimates that the value of added youth leagues is about $123,106 annually In year 6 another $98,576 will be needed to refurbish the fields The city council agrees to transform the ownership of the fields to a private company for $161,262 at the end of year 10 If the MARR for the Pine Village city is 6 , calculate the NPV of new recreation fields project Pine Village city council proposes to construct new recreation fields Construction will cost $323,828 and annual O M expenses are $78,754 The city council estimates that the value of added youth leagues is about $123,106 annually In year 6 another $98,576 will be needed to refurbish the fields The city council agrees to transform the ownership of the fields to a private company for $161,262 at the end of year 10 If the MARR for the Pine Village city is 6 , calculate the NPV of the new recreation fields project

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 30, 2024

Pine Village city council proposes to construct new recreation fields. Construction will cost $323,828 and annual O&M expenses are $78,754. The city council estimates that

Pine Village city council proposes to construct new recreation fields. Construction will cost $323,828 and annual O&M expenses are $78,754. The city council estimates that the value of added youth leagues is about $123,106 annually. In year 6 another $98,576 will be needed to refurbish the fields . The city council agrees to transform the ownership of the fields to a private company for $161,262 at the end of year 10. If the MARR for the Pine Village city is 6%, calculate the NPV of new recreation fields project . image text in transcribed

Pine Village city council proposes to construct new recreation fields. Construction will cost $323,828 and annual O&M expenses are $78,754. The city council estimates that the value of added youth leagues is about $123,106 annually. In year 6 another $98,576 will be needed to refurbish the fields. The city council agrees to transform the ownership of the fields to a private company for $161,262 at the end of year 10 . If the MARR for the Pine Village city is 6%, calculate the NPV of the new recreation fields project