Texts: John Smith is a Project Manager for TOTAL Consultants. He has been asked to help choose one of the four potential project candidates. The management used the Payback Period Technique, ROI, and NPV over 5 years at 5.5% for project selection.
A. Renovating an Apartment: The project involves making an investment of $200,000 and the monthly rental returns of $4,800.
B. Building a Bridge: The project involves making an investment of $4,000,000 and the quarterly returns via tolls for the bridge totaling $150,000.
C. Upgrading Software Platform: The project involves making an investment of $485,000 and there will be quarterly returns of $33,000.
D. Building a New High School: The project involves making an investment of $900,000 while offering Free School tuition for the first two years, and after 24 months, there will be monthly returns via school fees of $50,000.