Catapult, Inc. is considering investing $10,000 in a new pro…
Catapult, Inc. is considering investing $10,000 in a new process to create a projectile made entirely of recycled high-density polyethylene (HDPE). They are concerned about the investment, however, because they are certain that five years from now they want to invest that $10,000 in a process to create a projectile made entirely of algae bi-product and they don’t want their capital tied up in any other investments. Which analysis method should they use to determine if they should invest in the HDPE projectile process? Their MARR is 8%.