ENGINEERING ECONOMICS Bawal Gumamit ng Excel( Don't use Excel) A small company purchased now for 1.15M will lose 75,000 each year for the first 4 years. An additional P400,000 invested in the company...

ENGINEERING ECONOMICS

Bawal Gumamit ng Excel( Don't use Excel)

A small company purchased now for 1.15M will lose 75,000 each year for the first 4 years. An
additional P400,000 invested in the company during the 4th year will result in a profit of 27,500
from the 5th year through the 15th year. At the end of 15 years, the company can be sold for
1.65M.

c. Calculate ERR ϵ = 12% per year.