6. A project has an investment cost of $10,000, uniform annual benefits of $2,400, and a salvage value of $3,000 at the end of its 10-year useful life. At 12% interest, what is the net present worth (NPW) of the project?

6. A project has an investment cost of $10,000, uniform annual benefits of $2,400, and a salvage value of $3,000 at the end of its 10-year useful life. At 12% interest, what is the net present worth (NPW) of the project?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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1.7

6. A project has an investment cost of $10,000, uniform annual benefits of $2,400, and a
salvage value of $3,000 at the end of its 10-year useful life. At 12% interest, what is
the net present worth (NPW) of the project?

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