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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
A consulting engineer is currently evaluating four different projects for the Department of Housing and Urban Development. The future worth of costs, benefi ts, disbenefi ts, and cost savings is shown. The interest rate is 10% per year, compounded continuously. Determine which of the projects, if any, should be selected, if the projects are ( a ) independent and ( b ) mutually exclusive.
|
 |
Project ID |
 |
||
|
 |
Good |
Better |
Best |
Best of All |
|
FW of first costs, $ |
10,000 |
8,000 |
20,000 |
14,000 |
|
FW of benefi ts, $ |
15,000 |
11,000 |
25,000 |
42,000 |
|
FW of disbenefi ts, $ |
6,000 |
1,000 |
20,000 |
32,000 |
|
FW of cost savings, $ |
1,500 |
2,000 |
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