Question: Q1 Table Q1 shows the engineering project with minimum attractive rate of return (MARR) at 15% per year. Table Q1 Proposal A Investment Cost RM

 Q1 Table Q1 shows the engineering project with minimum attractive rate

of return (MARR) at 15% per year. Table Q1 Proposal A Investment

Q1 Table Q1 shows the engineering project with minimum attractive rate of return (MARR) at 15% per year. Table Q1 Proposal A Investment Cost RM 10,000 Expected Life 5 years Market (Salvage Value) -RM 1.000 Annual Receipts RM 8,000 Annual Expenses RM 4.000 (c) Calculate the external rate of return (ERR). (8 marks)

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