You have created a novel reusable water bottle filtration system. When presenting it to the client,...
You have created a novel reusable water bottle filtration system. When presenting it to the client, you have decided to do a present value/ present worth analysis, over 5 years with an interest rate of 20%. It includes an initial manufacturing cost of $193 at year 0 for one novel filtration bottle. Please assume all costs are positive and all benefits are negative.
What is the present value/present worth of the initial manufacturing cost? Please answer to the nearest whole number without including the dollar sign. Don't forget the sign matters (positive versus negative) and please answer to the nearest whole number without including the dollar sign. (Examples: please enter "28 " not "$28.00" or "-28" not "-$28.00")
Homework Answers
Here cost is given as positive.
Initial manufacturing cost is $193. So,
PW of Cost=Initial Cost=$193 or say 193
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You have created a novel reusable water bottle filtration
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