Question: NB Construction is bidding on a project whose costs are divided into $30,000 for start-up and $260,000 for the first year evenly distributed over

NB Construction is bidding on a project whose costs are divided into $30,000 for start-up and $260,000 for the first year evenly distributed over 12 months. If interest rate is 1% per month, what is the present worth of the costs?

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Present Worth of NB Constructions Costs Project costs Startup cost 30000 Monthly cost 260000 12 mont... View full answer

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