Question: please answer asap 5) An energy efficiency project has a first cost of $300,000, a life of 10 years, no salvage value, and i=9%. The

please answer asap
please answer asap 5) An energy efficiency project has a first cost

5) An energy efficiency project has a first cost of $300,000, a life of 10 years, no salvage value, and i=9%. The most likely value for annual savings is $60,000. The optimistic value is $80,000 with a probability of 0.2 and the pessimistic is $40,000 with a probability of 0.3 . a) What are the expected annual savings? b) What is the Present Worth of what you found in a)? c) Compute separately the Present Worth for the pessimistic, most likely, and optimistic estimates of the annual savings. What is their expected value? d) Do the answers of b) and c) match? Why or why not

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