ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
Question
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Chapter 7, Problem 67P
To determine

The owner of a corner wants to find a use that will yield a desirable return on his investment. If the owner wants a minimum attractive rate of return on his investment of 15%, which of the two alternatives would you recommend? Both alternatives have a 20 year life and no salvage value. Also, find the incremental rate.

Build fast food restaurant (first cost $800000, Annual property taxes $30000, Annual net income $150000).

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Chapter 7 Solutions

ENGR.ECONOMIC ANALYSIS

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