One of two mutually exclusive alternatives must be selected. Alternative A cost $30,000 now for an annual
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One of two mutually exclusive alternatives must be selected. Alternative A cost $30,000 now for an annual benefit of $8450. Alternative B costs $ 50,000 now for an annual benefit of $14,000. Using a 15% nominal interest rate compounded continuously which do you recommend? Solve by annual cash flow analysis.
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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