Problem 615 algorithmic EQuestion Help Consider the three mu

Problem 6-15 (algorithmic) EQuestion Help Consider the three mutually exclusive projects that follow. The firm\'s MARR is 12% per year. ??? Project 1 Project 2 Project 3 $9,000 $12,000 1-3 $4,874.02 $4,679.12 $5.911.92 -$9,500 Click the icon to view the interest and annuity table for discrete compounding when 1-12% per year. a. Calculate each project\'s PW PW, (Round to the nearest dollar.)

Solution

Project 1 Project 2 Project 3 Annual Inflows 4874.02 4679.12 5911.92 Present Value at 12% for 3 yrs 2.4018 2.4018 2.4018 Present worth of inflows 11706.42 11238.31 14199.25 Less: Initial Investment 9500 9000 12000 Net Present worth 2206.42 2238.31 2199.25