. The asset requires a capital investment of $100 comma 000100,000, and MARR is 1212% per year. Use Monte Carlo simulation an
d generate four trial outcomes to find its expected equivalent AW if each useful life is equally likely to occur.
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Answer:
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Step-by-step explanation:
Given that:
The asset requires a capital investment of $100 comma 000100,000, and MARR is 1212% per year. Use Monte Carlo simulation and generate four trial outcomes to find its expected equivalent AW if each useful life is equally likely to occur.
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Answer: The ramp would be 15.5 feet long.
Step-by-step explanation: Please refer to the attached diagram for details.
Angle C shows the angle to be formed by the ramp from the ground, which is 15 degrees. Also, from the ground, it’s going to be four feet tall, which is line AB. The top of the ramp is point A, which makes line AC the entire length of the ramp. Since we have a reference angle (angle C) and two sides, the opposite and the hypotenuse, we shall apply the trigonometric ratio.
SinC = opposite/hypotenuse
Sin 15 = 4/b
By cross multiplication we now have
b = 4/Sin15
b = 4/0.2588
b = 15.4599
Approximately b = 15.5
Therefore the length of the ramp would be 15.5 feet
