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Question 1 Pine Village city council proposes to construct new recreation folds. Construct cost $341,323 and annual O&M expenses are $72,351. The city council estimates

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Question 1 Pine Village city council proposes to construct new recreation folds. Construct cost $341,323 and annual O&M expenses are $72,351. The city council estimates that the value of added youth leagues is about $124,184 annually. In year 6 another - $89,484 will be needed to refurbish the fields. The city council agrees to transform the ownership of the fields to a private company for $152,175 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 IN LAT LINE ULIN RE 18 . 11 BE NE M TIME IND AT 1907 1 28 IP 1 NE NO - HIRE 1 10 et IN M NE T! ESIE RE 11 HOP w RE TS EPIT

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