Problem
What is the PW (at i = 10%) of the following electric power-generating project? There is a $180,000 overhaul cost in year 8. The first cost is $420,000, and the annual operating cost is $30,000. Revenue from power sales is expected to be $100,000 per year. The facility will have a salvage value of $75,000 at the end of year 15.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.