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Q1. The economic life of a project is 9 years. Initial investment of the project is 3,000103TL. Besides, this project has annual earnings of 700103TL,
Q1. The economic life of a project is 9 years. Initial investment of the project is 3,000103TL. Besides, this project has annual earnings of 700103TL, each year. However, the annual running and maintenance costs of the project are 200103TL, each year. Salvage value at the end of the economic life is 800103TL. Under a constant discount ratio of 22% over the economic life, determine and show whether the project could be implemented or not ( 25 points)
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