Question: Below is a table for a project where you obtained quotes based upon the most likely, , pessimistic and optimistic numbers. Calculate the Mean value

Below is a table for a project where you obtained quotes

Below is a table for a project where you obtained quotes based upon the most likely, , pessimistic and optimistic numbers. Calculate the Mean value for each Item if the MARR is set to 12%. Item Quotes Most Likely Pessimistic 600 800 Optimistic 200 First Costs, $ Annual Benefits, $ Life, Years 40 30 80 8 6 10

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