Fair Good Better Best PW of costs, $ 10,000 8,000 20,000 14,000 PW of benefits, S 15,000 11,000 25,000 42,000 PW of disbenefits, $ 6,000 1,000 20,000 31,000 PW of cost savings, $ 1,500 2,000 16,000 3,000

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
Section: Chapter Questions
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A consulting engineer is currently evaluating 4 projects for the U.S. government. The present worth values of the costs, benefits, disbenefits, and
savings are shown. Assuming the discount rate is 10% per year compounded continuously, determine which projects, if any, should be selected if they are
(a) independent, and (b) mutually exclusive.

Fair
Good
Better
Best
PW of costs, $
10,000
8,000
20,000 14,000
PW of benefits, S
15,000
11,000
25,000 42,000
PW of disbenefits, $
6,000
1,000
20,000 31,000
PW of cost savings, $
1,500
2,000
16,000
3,000
Transcribed Image Text:Fair Good Better Best PW of costs, $ 10,000 8,000 20,000 14,000 PW of benefits, S 15,000 11,000 25,000 42,000 PW of disbenefits, $ 6,000 1,000 20,000 31,000 PW of cost savings, $ 1,500 2,000 16,000 3,000
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