The budget limit is $120,000, and the interest rate is 10% per year. All projects have a

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The budget limit is $120,000, and the interest rate is 10% per year. All projects have a 10-year life. Use

(a) The PI method

(b) The IROR method to rank and select from the independent projects.

The budget limit is $120,000, and the interest rate is

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Question Posted: Dec 17, 2012 06:09 AM

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The budget limit is $120,000, and the interest rate is 10% per year. All projects have a

Question:

Net Income, Project First Cost, $ per Year 4,000 2.800 12,600 13.000 8,000 -18,000 -15.000 -35,000 -60,000 -50,000 IROR, % 18.0 13.3 34.1 17.3 9.6

Step by Step Answer:

a PI A 4000PA101018000 40006144618000 137 PI B 2800PA101015000 28006144615000 115 PI C 12600PA1010...View the full answer

Engineering economy

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