The first cost of a permanent project is $5,000,000, the annual operating cost is $300,000 per year and the salvage value is $2,000,000. Calculate the annual worth of this project at an annual interest rate of: 10% per year. no time given
a. 600,000 b. 700,000 c. 800,000 d. 900,000
Working: -
PLEASE UPVOTE FOR THE SOLUTION
Get Answers For Free
Most questions answered within 1 hours.