Course Solutions Uncategorized (Answered) : Sam Earmarked Budget 225 000 Project Discount Rate 6 Estimates New System Help Reducing S Q28128146

(Answered) : Sam Earmarked Budget 225 000 Project Discount Rate 6 Estimates New System Help Reducing S Q28128146

Sam has earmarked a budget of$225,000 for this project with a discount rate of 6%. He estimatesthat the new system will help in reducing staff cost by $4,500 permonth and save wastage of food by at least another $5,000 per monththus increasing overall savings by $9,500 per month. Maintenancecost could be estimated at around $500 per month. describe projectcost benefit?

using excel spreadsheet

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