56. Consider the following cash flow profile and assume MARR is 10 percent/year. EOY NCF 0 $101 1 $411 a. Determine the ERR for this project. b. Is this project economically attractive? 2 -$558 3 $253 4 $2 5 $8 6 -$14

ENGR.ECONOMIC ANALYSIS
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56. Consider the following cash flow profile and assume MARR is 10 percent/year.
EOY
NCF
0
$101
1
$411
a.
Determine the ERR for this project.
b. Is this project economically attractive?
2
$558
3
$253
4
$2
5
$8
6
$14
Transcribed Image Text:56. Consider the following cash flow profile and assume MARR is 10 percent/year. EOY NCF 0 $101 1 $411 a. Determine the ERR for this project. b. Is this project economically attractive? 2 $558 3 $253 4 $2 5 $8 6 $14
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