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QUESTION/ SOALAN MARKS/MARKAH 1. Project First cost 1,000,000 Additional investment cost after 10 years 100,000 Annual operating cost for the first 4 years 10,000 Annual

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QUESTION/ SOALAN MARKS/MARKAH 1. Project First cost 1,000,000 Additional investment cost after 10 years 100,000 Annual operating cost for the first 4 years 10,000 Annual operating cost after 4 years and forever 20,000 Recurring re-work every 13 years 50,000 If the interest rate is 5% per year, what is the total present worth of the project

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