Question: Lignin is a basic component of almost any plant that grows, so it is one of the most abundant organic compounds in the world. Almost

 Lignin is a basic component of almost any plant that grows,

Lignin is a basic component of almost any plant that grows, so it is one of the most abundant organic compounds in the world. Almost anything derived from oil can be made out of lignin. The question is "can we do it cost-effectively and consistently?" A startup company has developed a process to derive plastics, carbon fiber and other advanced materials from lignin. The cash flow diagram for this process is shown below (in $ millions). If the company's hurdle rate (MARR) is 18% per year, is this a profitable undertaking? Click the icon to view the diagram for cash flows. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 18% per year. The present worth of the venture is smillion. (Round to two decimal places) i More Info 30 25 5 I To520 EOY 10 15 Enter your a part remainin Print Done

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