ashmo1465 ashmo1465

28-10-2022
Business

Answered

northern engineering is analyzing a mining project. annual production, unit costs, and unit revenues are in the table. the first cost of the mine setup is $6 million. if marr is 15%, what is the pw?

Answer :

anzlaiman anzlaiman

09-11-2022

The present worth of the project is = -$787888

As per the question Northern Engineering is analysing a mining project.

The initial cost of the project in period 0 is = $6000000

MARR is = 15%

Present worth of the project = -6000000 + 782640 + 1451712 + 1183500 + 800520 + 517088 + 311256 + 165396 = -$787888

The present worth of the project is = -$787888

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