#ENG-6203
Awesome StudentQuestion • Engineering Economincs
An initial investment of P2,000,000 was put up for a new business that will produce an annual revenue of P1,250,000 for 5 years and will have a salvage value of P200,000 Annual expenses for its operation and maintenance will amount to P300, 000If money is worth 12%, show by computation if this business is profitable or not using ROR Method
Answer
3333%