You wish to evaluate four independent projects that all have a 10-year life at MARR = 15% per year. Preliminary estimates for first cost, annual net income, and SV have been made.
 FIGURE 1.png)
(a) Accept or reject each project using a present worth analysis. On your spreadsheet, include the logical IF function to make the accept/reject decision.
(b) The preliminary estimates have changed for projects A and B as shown below. Use the same spreadsheet to reevaluate them.
(a) Use PV and logical IF functions, as in top half of the spreadsheet.
(b) Simply update the parameter estimates for A and B. New decisions are displayed.
 ANSWER.png)
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