Four mutually exclusive projects are being considered for a community gym. The life of equipment in the

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Four mutually exclusive projects are being considered for a community gym. The life of equipment in the gym is expected to be 50 years, and the sponsoring agency's MARR is 15% per year. Annual income from the gym has been estimated by a committee and is shown below. Use the IRR method (incrementally) to select the best project.
Four mutually exclusive projects are being considered for a community
MARR
Minimum Acceptable Rate of Return (MARR), or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other...
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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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