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1. the MARR is 15%. Three alternatives are available and the associated cash flo

ID: 2480733 • Letter: 1

Question

1. the MARR is 15%. Three alternatives are available and the associated cash flow is as follow:

Answer the following in this format: 1.23

The payback period for Alternative A is

The payback period for Alternative B is

The payback period for Alternative C is

Based on Payback period analysis, Alternative  should be selected

2.

Find the conventional payback period for the following project:

in years

3.

With interest at 10%, what is the benefit-cost ratio for this government project?

4.

A tax exempt municipality is considering the construction of a new municipal waste water treatment facility. Two different sites have been selected as technically, politically, socially, and financially feasible. The city council uses 6% interest rate for all analyses for public projects. The expected cash flow for the two alternatives are as follow:

What is the incremental benefit/cost ratio?

Year A B C First Cost $1,700 $2,100 $3,750 Annual Benefit $1,000 $1,000 $1,000 Useful Life 2 3 6

Explanation / Answer

1. Payback Period = Intial Cost / Annual CAsh Flows

Project A = 1700 / 1000 = 1.7 years

Project B = 2100 / 1000 = 2.1 years

Project C = 3750 / 1000 = 3.75 years

Project A has the lowest oayback period so it should be selected.

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