Engineering Economics Please answer a,b, and cThank you! a)Write the equation to evaluate this projectwhen using Present Worth Methodb)What is the present worth of this project?Instructions:Use 4 digits in your calculations andreporting the answers.Do not write commas or apostrophes.Do not write $ (dollar sign) or any othersymbol, just write the number.PW = $c) Is this a good investment or not? Question 2A machine to sell ice-cream is available in the market for $18000. Youcould sell ice creams for $2 per cone, and youestimate to be able to sell 49 cones per day ifrenting a place in the local mall. You can operateonly 323 days per year after consideringvacations and holidays.The monthly renting fee in the local mall is $1600and you can hire 2 employees to take care of theice cream stand, each with a monthly salary of$900. Material and other costs are $16000 peryear. If your MARR is 20% and you are planningto retire in 10 years, answer the followingquestions:

Present worth of an investment is the net present value of all cash inflows and outflows of the…

a) Write the equation to evaluate this project when using Present Worth Method b) What is the present worth of this project? Instructions: Use 4 digits in your calculations and reporting the answers. Do not write commas or apostrophes. Do not write $ (dollar sign) or any other symbol, just write the number. PW = $ %3D

a) Write the equation to evaluate this project when using Present Worth Method b) What is the present worth of this project? Instructions: Use 4 digits in your calculations and reporting the answers. Do not write commas or apostrophes. Do not write $ (dollar sign) or any other symbol, just write the number. PW = $ %3D

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter18: Accounting Periods And Methods

Section: Chapter Questions

Problem 1RP

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