you are given the following information about a proposed project : Investment costs $15,000 Annual expenses $3,500 Annual Revenue $7500 Salvage Value $2000 Economic life 5 years M.A.R.R 10 % The net present worth of the project is closest to a.$1400   b.$1300   c.$1800   d.$1600

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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you are given the following information about a proposed project :

Investment costs $15,000

Annual expenses $3,500

Annual Revenue $7500

Salvage Value $2000

Economic life 5 years

M.A.R.R 10 %

The net present worth of the project is closest to


a.$1400

 

b.$1300

 

c.$1800

 

d.$1600

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