Practice 4-1 Given: Project Life (a) = 3 years Project Life (b) = 3 years i = 10% per year Which project is more economical? Practice $1,000 0 $450 $4,000 $1,400 1 1 $600 2 $2,075 2 $500 3 $2,110 3

Practice Practice 4-1 - Given: - Project Life (a)=3 years - Project Life (b)=3 years - i=10% per year - Which project is more economical