Question: MUT a private college that needs to install a new electronic student registration system. They are considering two mutually exclusive projects with equal useful lives.

MUT a private college that needs to install a new electronic student registration system. They are considering two mutually exclusive projects with equal useful lives. System SEN will meet all the college's recuirements, and system CAM, which costs more to implement will have greater earnings potential because of its features. The table below gives the financial figures for each investment project.

\

table

[[,

System SEN,System CAM

], [

Initial investment,R

55 000,

70 000], [

Project useful life,

5

years,

5

years

], [

Project cash inflows,,

], [

Year

, R, R

MUT a private college that needs to install a new electronic

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