A project requires $10 000 as initial investment and will earn a revenue of $3 000 per year over the next five years. Annual interest rate is 5.4%. What is the present worth of the project's benefits?
A) $2 846
B) $6 348
C) $7 154
D) $10 000
E) $12 846
Correct Answer:
Verified
Q6: Two projects are mutually exclusive if
A)the expected
Q7: What is the payback period?
A)a period of
Q8: The minimum acceptable rate of return (MARR)is
A)an
Q9: What is the present worth of an
Q10: A project is marginally acceptable if
A)it earns
Q12: The annual worth method is
A)similar to the
Q13: Two mutually exclusive projects with the same
Q14: Christine Robichaud, an engineer at Opus Ltd.,
Q15: For comparison purposes, in order to evaluate
Q16: The best way to compare two projects
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents