Engineering economy - ENGR 3322 The International Parcel Service has installed a new radio frequency identification system to help reduce the number of packages that are incorrectly delivered. The capital investment in the system is $65,000, and the projected annual savings are tabled below. The system’s market value at the EOY five is negligible, and the MARR is 18% per year. Calculate the annual worth of the project. a. $ 9,750 b. $ 10,750 c. $ 11,750 d. None of the choices
Engineering economy - ENGR 3322 The International Parcel Service has installed a new radio frequency identification system to help reduce the number of packages that are incorrectly delivered. The capital investment in the system is $65,000, and the projected annual savings are tabled below. The system’s market value at the EOY five is negligible, and the MARR is 18% per year. Calculate the annual worth of the project. a. $ 9,750 b. $ 10,750 c. $ 11,750 d. None of the choices
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Engineering economy - ENGR 3322
The International Parcel Service has installed a new radio frequency identification system to help reduce the number of packages that are incorrectly delivered. The capital investment in the system is $65,000, and the projected annual savings are tabled below. The system’s market value at the EOY five is negligible, and the MARR is 18% per year. Calculate the annual worth of the project.
a. $ 9,750
b. $ 10,750
c. $ 11,750
d. None of the choices
![End of Year Savings
1
$25,000
2
30,000
30,000
40,000
46,000
3
4](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F355e78a4-d416-444a-8407-7f60a50c5367%2F4d248154-825a-4ada-9855-7a786b620464%2Fyh0g9kj_processed.png&w=3840&q=75)
Transcribed Image Text:End of Year Savings
1
$25,000
2
30,000
30,000
40,000
46,000
3
4
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