Tolder/unmeu preview=1024700 ee Breesh Baby Foot Deep Exf... ** 1pcs/10pcs Gold C... 7 amazonprime ha Page 2 8. Problem 6.28 9. A project has been proposed that will require the purchase of a machine that has an initial cost of $16,400, annual maintenance costs of $2400, and is expected to generate revenues of $5000 per year for 10 years. The project is expected to last 10 years and the company's MARR is 10% per year. What is the payback period for this project? 10. Your company is evaluating whether or not to invest in one or more of the new projects described below. The company's MARR is 9% OMON Project P ($10,000) $2,000 $2,000 $2,000 $2,000 $2,000 $2.000 $2,000 $2,000 Project ($11,000) $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1.700 $5,800 11.12% Project R (S15,000) $2.800 $2.800 $2,800 $2,800 $2.800 $2.800 $2.800 $4,800 12.39% Project S ($20,000) $3,000 $3.000 $3,000 $3.000 $3,000 $3.000 $3.000 $5,000 5.86% ROR = a) Find the rate of return for project P. b) If the projects are independent, which one(s) should the company invest in c) If the projects are mutually exclusive (ie only one may be chosen). which one should the company choose?