Solve problem A project has a first cost of $10,000, net annual benefits of $2000 and salvage value after 10 years of $3000

Economics Sep 21, 2020

Solve problem A project has a first cost of $10,000, net annual benefits of $2000 and salvage value after 10 years of $3000. The project will be replaced identically at the end of 10 years and again at the end of 20 years. What is the present worth of the entire 30 years of service if the interest rate is 10%. Using spreadsheet and Excel Net Present Value Function (NPV)

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