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Consider the following project balances for a typical investment project with th

ID: 2652497 • Letter: C

Question

Consider the following project balances for a typical investment project with the service life of four years:

n                      An($)                          Project Balance 9$)

0                      -1000                          -1000

1                      (           )                       -1300

2                      (           )                       -600

3                      2160                           1500

4                      (           )                       4650

(a) Determine the interest rate used in computing the project balances.

(b) Construct the original cash flows of the project.

(c) Would this project be acceptable at a MARR of 12%, compounded annually? Give reason(s)

Explanation / Answer

The cashflows are calculated by taking cumulative cash balances given in the questions.

NPV is positive $ 6,417.37, thus this project should be accepted.

PV of cash flows is calculated as = Cash flow/ ( 1+r)^t

Where r is the rate of interest and t is the number of period.

Original Cash flow Balance 0         (1,000)         (1,000) 1             (300)         (1,300) 2               700             (600) 3           2,160           1,500 4           3,090           4,650