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Problem No.1 A proposed project that builds a public vvet market stall for the vendors in a certain place is estimated to cost $10,000,000.00 for

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Problem No.1 A proposed project that builds a public vvet market stall for the vendors in a certain place is estimated to cost $10,000,000.00 for all the initial investment. Maintenance and security is needed to maintain order and reliability of the infrastructure costing about $125,000.00 every year. It is estimated to generate an annual net revenue of $1,500,000.00. According to the proposed project its lifetime is up to 20 years and a minimum attractive rate of return is 5% per year. Using the conventional and modied formulas, is the project economically feasible and justiable? Problem No.2 A mnway extension is proposed in order to accommodate the large volume of passengers that comes in and out of the airport every year, its initial investment is summed up to $25,000,00000. Because of this project it is estimated that it generates benets by about $4,000,000.00 yearly and requires maintenance and operations amounting to $150,000.00 every year for the next 15 years. With a MARE of 6%, is the project economically feasible

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