• The Rickshaw Dumpling food truck has a useful life of 4 years. • The King Taco food truck has a useful life of 2 years. Tables below provide the series of cash flows for investment in the Rickshaw Dumpling food truck and the King Taco food truck. Considering that the two investments are mutually exclusive, take a common-multiple approach. What is the higher equivalent uniform annual worth of the two investments, considering an interest rate of 4 percent? Round your answer to the nearest whole number. Do not use currency signs such as "$." Observation: The equivalent uniform annual worth may be positive or negative. CASH FLOWS FOR RICKSHAW DUMPLING Year Benefits Costs 0 0 1 2 3 4 (42,928) 10,211 (1,166) 15,797 (4,270) 11,955 (1,691) 5,867 (3,576) CASH FLOWS FOR KING TACO Year Benefits Costs 0 0 1 2 (37,996) 5,866 (2,181) 18,052 (2,699)

• The Rickshaw Dumpling food truck has a useful life of 4 years. • The King Taco food truck has a useful life of 2 years. Tables below provide the series of cash flows for investment in the Rickshaw Dumpling food truck and the King Taco food truck. Considering that the two investments are mutually exclusive, take a common-multiple approach. What is the higher equivalent uniform annual worth of the two investments, considering an interest rate of 4 percent? Round your answer to the nearest whole number. Do not use currency signs such as "$." Observation: The equivalent uniform annual worth may be positive or negative. CASH FLOWS FOR RICKSHAW DUMPLING Year Benefits Costs 0 0 1 2 3 4 (42,928) 10,211 (1,166) 15,797 (4,270) 11,955 (1,691) 5,867 (3,576) CASH FLOWS FOR KING TACO Year Benefits Costs 0 0 1 2 (37,996) 5,866 (2,181) 18,052 (2,699)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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