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The following problem statement applies to Problem No. 1, 2 and 3: Use Present Worth Analysis, to calcualte the present value at Time 0 of Alternative A, B and C, over LCM years with the information below (All PV's shown in the answers are negative numbers): A B C First Cost (-) 5,000 8,000 11,000 Cost per year (-) 4,200 3,500 3,200 Salvage Value ( ) 1,000 2,000 3,000 Life (years) 3 4 6 Annual Interet Rate 12% Problem No. 1 Present Value for Alternative A is closest to which of the answers below: a. 35,886 b. 38,210 c. 37,076 d. 38,256
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The following problem statement applies to Problem No. 1, 2 and 3: Use Present Worth Analysis, to ca...
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