The estimates for a project appear in the following table: Dear optimistic most likely pessimist Fixed cost($) 250,000 250,000 250,000 Annual profit ($) 20,000 15,000 8,000 Shelf life(years) 30 30 30 Residual value($) 0 0 0 to. Use the range of values to calculate the heavy average of benefits. b. Using the heavy average, calculate the Equivalent Average Present Value for this project. Use a MARR of 10%.

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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The estimates for a project appear in the following table:
Dear
optimistic most likely pessimist
Fixed cost($) 250,000 250,000 250,000
Annual profit ($) 20,000 15,000 8,000
Shelf life(years) 30 30 30
Residual value($) 000
to. Use the range of values to calculate the heavy average of benefits.
b. Using the heavy average, calculate the Equivalent Average Present Value for this project. Use a
MARR of 10%.
Heavy average annual benefits =$
; Average Present Value = $
Transcribed Image Text:The estimates for a project appear in the following table: Dear optimistic most likely pessimist Fixed cost($) 250,000 250,000 250,000 Annual profit ($) 20,000 15,000 8,000 Shelf life(years) 30 30 30 Residual value($) 000 to. Use the range of values to calculate the heavy average of benefits. b. Using the heavy average, calculate the Equivalent Average Present Value for this project. Use a MARR of 10%. Heavy average annual benefits =$ ; Average Present Value = $
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