Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Consider the following sets of investments projects in table1. All projects have a 5 year investment e
life,
with an interest rate of 10%.
Table1 Project cash flow($)
A
В
-$17000
-$18000
4100
3300
4200
3500
4300
3700
4
4400
3900
4500
4100
5(SALVAGE VALUE)
5000
5500
Compute the present worth of project A, in table 1.
a) P= 2,232.95
b) P= 1,646.78
c) P= -771.55
d) P= 1,953.87](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F15c22c02-a3a9-49b9-b857-642a5ba16fee%2F2cd44226-60b2-45bf-865c-d8042733d852%2F8gsb09_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Consider the following sets of investments projects in table1. All projects have a 5 year investment e
life,
with an interest rate of 10%.
Table1 Project cash flow($)
A
В
-$17000
-$18000
4100
3300
4200
3500
4300
3700
4
4400
3900
4500
4100
5(SALVAGE VALUE)
5000
5500
Compute the present worth of project A, in table 1.
a) P= 2,232.95
b) P= 1,646.78
c) P= -771.55
d) P= 1,953.87
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