Northern Engineering is analyzing a mining project Annual production, unit costs, and unit revenues are in the table The first cost of the mine setup is $8 million If i is 15 , what is the PW Year Annual Production (tons) Cost per ton Price per ton 1 70000 $25 $35 2 90000 20 34 3 120000 22 33 4 100000 24 34 5 80000 26 35 6 60000 28 36 7 40000 30 37

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Question: Northern Engineering is analyzing a mining project. Annual production, unit costs, and unit revenues are in the table. The first cost of the mine setup

Northern Engineering is analyzing a mining project. Annual production, unit costs, and unit revenues are in the table. The first cost of the mine setup is $8 million. If i is 15%, what is the PW?

Year	Annual Production (tons)	Cost per ton	Price per ton
1	70000	$25	$35
2	90000	20	34
3	120000	22	33
4	100000	24	34
5	80000	26	35
6	60000	28	36
7	40000	30	37

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