A 10-year business concession has been identified to cost $20,000 investment, annual revenues of $4,000 and market value of $6.000 at the end of 10 years. After the 10-year study period, the business will be replaced identically and again be replaced at the end of 20 years. Determine the PW of the entire 30-year study period with the interest rate of 10%

Answer rating: 100% (QA)

Explanation Step 1 Calculation of the prenent worth for initial 10 ynara fatage1l Cost of the projec... View the full answer