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ENG106W12-Q3-solution - ENG 106 Winter 12 Quiz#3 Open Notes...

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ENG 106 Winter ‘12 Open Notes Quiz #3 Name: 5.9. Consider the following two investment projects, which have a three-year investment life: n A B 0 -$1000 -$1300 1 $0 -$500 2 $0 $700 3 $2000 $1500 Set up the equations for the net present worth of each project at i = 12% (hint: assume cash flows are actual) Set up the equations with the appropriate values, but do not solve
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