The present worth of an alternative that provides infinite service is called its: (a) Net present value

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The present worth of an alternative that provides infinite service is called its:

(a) Net present value

(b) Discounted total cost

(c) Capitalized cost

(d) Perpetual annual cost

Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...
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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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