company that makes food-friendly silicone (for use in cooking and baking pan coatings)is considering the independent projects shownbelow, bothof which can be viable for only 10 years. If the company’s MARR is 15% per year, determine which shouldbe selected on the basis of a present worth analysis. A B Initial Cost 900,000 4,700,000
company that makes food-friendly silicone (for use in cooking and baking pan coatings)is considering the independent projects shownbelow, bothof which can be viable for only 10 years. If the company’s MARR is 15% per year, determine which shouldbe selected on the basis of a present worth analysis. A B Initial Cost 900,000 4,700,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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company that makes food-friendly silicone (for use in cooking and baking pan coatings)is considering the independent projects shownbelow, bothof which can be viable for only 10 years. If the company’s MARR is 15% per year, determine which shouldbe selected on the basis of a present worth analysis.
| A | B | |
| Initial Cost | 900,000 | 4,700,000 |
| Annual Net Income, per Year | 275,000 | 1,700,000 |
| Salvage Value | 7000 | 8000 |
Please workout do not use excel but if you do use excel please show formulas and everything thank you.
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