
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 18
Gerald Corporation entered a public-private partnership using a DBOM contract with the state of Massachusetts 10 years ago for railroad system upgrades. Determine the profitability index for the financial results listed below using a MARR of 8% per year. 

Explanation
The formula for profitability ...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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