PE Computer Engineering Practice Questions - PE Electrical And Computer Computer Engineering Exam

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An engineering project requires an investment of $50,000 today and produces uniform annual benefits of $12,000 for 6 years. Using a discount rate of 8%, what is the approximate net present value (NPV)?

$$5,500 $$8,500 $$12,000 -$2,000

Correct Answer:

$$5,500

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