Projects A B D E F G H Initial Cost 300,000 425,000 320,000 500,000 375,000 475,000 450,000 200,000 MARR = 10% NPW 85,000 125,000 60,000 150,000 100,000 110,000 110,000 80,000 = Questions 4 to 6 a) Budget = $2,000,000; MARR = 10%. b) A maximum of four (4) projects can be selected. c) The NPW of a project must exceed $100,000 (i.e., a minimum of $100,001) d) Use the NPW decision criterion to determine the "best" feasible bundle of independent projects. 4. 5. 6. The best investment bundle consists of projects is The NPW ($) of the best investment bundle is The total first cost ($) of the best investment bundle is