Question: QUESTION 1 A project engineer has collected information on the increment of annual net cash flow (ANCF) as shown below. At an interest rate of

QUESTION 1 A project engineer has collected information on the increment of annual net cash flow (ANCF) as shown below. At an interest rate of 10% per year. calculate the Profitable Index (PI) of the cash flow. Year 0 1 2 3 4 ANCF. $1,000 per year oz 12 18 Investment. $1.000 1617|10|0|0
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