What is the net present worth from all costs and benefits for the new pollution prevention program over 20 yrs in terms of today’s dollars?
Engineering Economics I. Introduction A. Engineering Economics Background 1. Costs • Capital costs • Operation and maintenance (O&M) costs 2. Benefits 3. Present Worthn )i1( F PW + = where PW = present worth of the future benefit or cost F = future benefit or cost i = discount rate (annual) n = number of […]