Northern Engineering is analyzing a mining project. Annual production, unit costs, and unit revenues are in the table. The first cost of the mine setup is $6 million. If MARR is 15%, what is the PW? Year Annual Production (tons) 90,000 120,000 120,000 100,000 80,000 60,000 40,000 Cost Price per ton $25 per ton $35 1 20 36 3 22 37 4 24 38 26 39 28 40 30 41 567
Northern Engineering is analyzing a mining project. Annual production, unit costs, and unit revenues are in the table. The first cost of the mine setup is $6 million. If MARR is 15%, what is the PW? Year Annual Production (tons) 90,000 120,000 120,000 100,000 80,000 60,000 40,000 Cost Price per ton $25 per ton $35 1 20 36 3 22 37 4 24 38 26 39 28 40 30 41 567
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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![Northern Engineering is analyzing a mining project. Annual production, unit costs, and unit
revenues are in the table. The first cost of the mine setup is $6 million. If MARR is 15%, what is
the PW?
Year
Annual Production (tons)
90,000
120,000
120,000
100,000
80,000
60,000
40,000
Cost per ton
$25
Price per ton
$35
1
20
36
22
37
24
38
26
39
6.
28
40
7
30
41](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0caa681c-a86e-42ac-a3af-b6c8d3fe3f57%2F8b3c2b42-ef4e-4e08-a639-cc3fecbb578b%2Fvfj63sk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Northern Engineering is analyzing a mining project. Annual production, unit costs, and unit
revenues are in the table. The first cost of the mine setup is $6 million. If MARR is 15%, what is
the PW?
Year
Annual Production (tons)
90,000
120,000
120,000
100,000
80,000
60,000
40,000
Cost per ton
$25
Price per ton
$35
1
20
36
22
37
24
38
26
39
6.
28
40
7
30
41
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