Please answer ASAP if you can please. Thank you! Please Please write expression or formula used Set up expression initially with functional notation (e.g.,(P/F,I,n)) 3. An elective project is currently under review. An initial investment of $116,000 would be necessary for equipment. The annual revenues andexpenses are expected to be $38,000 and $10,000 each year, respectively, over the 6-year project period. The salvage value of the equipment atthe end of the project period is projected to be $22,000. Assume a MARR of 10%.Find the B/C.

B/C ratio is ratio of present value of benefits to initial investment and if B/C B/C ratio is more…

Would be necessary for equipment. The annual revenues and expenses are expected to be $38,000 and $10,000 each year, respectively, over the 6-year project period. The salvage value of the equipment at the end of the project period is projected to be $22,000. Assume a MARR of 10%. Find the B/C.

Would be necessary for equipment. The annual revenues and expenses are expected to be $38,000 and $10,000 each year, respectively, over the 6-year project period. The salvage value of the equipment at the end of the project period is projected to be $22,000. Assume a MARR of 10%. Find the B/C.

EBK CFIN

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ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter9: Capital Budgeting Techniques

Section: Chapter Questions

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Please answer ASAP if you can please. Thank you! Please Please write expression or formula used Set up expression initially with functional notation (e.g.,(P/F,I,n))

3. An elective project is currently under review. An initial investment of $116,000 would be necessary for equipment. The annual revenues and
expenses are expected to be $38,000 and $10,000 each year, respectively, over the 6-year project period. The salvage value of the equipment at
the end of the project period is projected to be $22,000. Assume a MARR of 10%.
Find the B/C.

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