A firm is considering whether the following project should


A firm is considering whether the following project should be undertaken if its life is 10 years and it has no salvage value. The firm uses an interest rate of 10% to evaluate engineering projects. The Net Revenue below is dollars per year for the life of the project. P is the probability of occurrence. What is the likely Present Worth? Should they undertake the project?

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Business Economics: A firm is considering whether the following project should
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