Engineering Economy
PPG manufactures an epoxy amine that is used to protect the contents of polyethylene terephthalate (PET) containers from reacting with oxygen. The cash flow (in millions) associated with the process is shown below. Determine the rate of return.
| Year | Cost, $ | Revenue, $ |
| 0 | –10 | — |
| 1 | –4 | 2 |
| 2 | –4 | 3 |
| 3 | –4 | 9 |
| 4 | –3 | 9 |
| 5 | –3 | 9 |
| 6 | –3 |
9 |
Previous answers to this question
This is a preview of an assignment submitted on our website by a student. If you need help with this question or any assignment help, click on the order button below and get started. We guarantee authentic, quality, 100% plagiarism free work or your money back.
Get The Answer