Determine the FW of the following engineering project when the MARR is 15% per year. Is the project acceptable? Investment cost Expected life Market (salvage) value Annual receipts Annual expenses Proposal A $11.000 5 years -$1,000 $7,000 $4.000 "A negative market value means that there is a net cost to dinpose of an asset Click the icon to view the interest and annuity table for discrete compounding when the MARR is 15% per year The FW of the following engineering froject is $ (Round to the nearest dollar.)

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Determine the FW of the following engineering project when the MARR is 15% per year. Is the project acceptable?
Proposal A
Investment cost
Expected life
Market (salvage) value
Annual receipts
$11,000
5 years
-$1,000
S7,000
$4,000
Annual expenses
"A negative market value means that there is a net cost to dispose of an asset
Click the icon to view the interest and annuity table for discrete compounding when the MARR is 15% per year
The FW of the follawing engineering froject is $ (Round to the nearest dollar.)
Transcribed Image Text:Determine the FW of the following engineering project when the MARR is 15% per year. Is the project acceptable? Proposal A Investment cost Expected life Market (salvage) value Annual receipts $11,000 5 years -$1,000 S7,000 $4,000 Annual expenses "A negative market value means that there is a net cost to dispose of an asset Click the icon to view the interest and annuity table for discrete compounding when the MARR is 15% per year The FW of the follawing engineering froject is $ (Round to the nearest dollar.)
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