Govenor swann wishes to reinforce the fort at port royal, Ask an Expert

Economics

Govenor Swann wishes to reinforce the fort at Port Royal for $150,000. He believes this will save $70,000 per year in pirate-inflicted damage. The improved defense is expected to last three years. Given the military's discount rate of 5%, what is the net present value, internal rate of return, and annual worth for this investment?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91845084

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