A recent sensitivity analysis of a public works project indicates that the expected present worth is $83,000.

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A recent sensitivity analysis of a public works project indicates that the expected present worth is $83,000. If there is a 20% chance that the PW will be the pessimistic one of $45,000 and 50% chance that it will be the most likely one of $72,000, the optimistic PW is closest to:

(a) $89,520

(b) $118,380

(c) $126,670

(d) $138,540

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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