A large water utility is planning to upgrade itsSCADA

Chapter 3, Problem 3.9

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A large water utility is planning to upgrade itsSCADA system for controlling well pumps, boosterpumps, and disinfection equipment for centralizedmonitoring and control. Phase I will reduce laborand travel costs by $28,000 per year. Phase II willreduce costs by an additional $20,000 per year, thatis $48,000. If phase I savings occur in years 0, 1, 2,and 3 and phase II savings occur in years 4 through10, what is the present worth of the upgraded systemin years 1 to 10 at an interest rate of 8% per year?

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