Using a spreadsheet, (a) work Problem 12.19 as stated, and (b) expand the bundles to allow up to three projects and no more than $25,000 invested.
Problem 12.19
Use hand solution and the PW method to evaluate four independent projects. Select as many as three of the four projects. The MARR is 12% per year, and up to $15,000 in capital investment funds are available.
 FIGURE 1.png)
(a) Spreadsheet solution for Problem 12.19 as stated. Projects 1 and 3 are selected with PW = $3893 with $14,000 invested.
 ANSWER.png)
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