Chemical Engineering > GATE 2023 > Process Dynamics
A design engineer needs to purchase a membrane module (M) for a plant. Details
about the two available options, M1 and M2, are given in the table below. The
overall plant has an expected life of 7 years. If the interest rate is 8 % per annum,
compounded annually, the difference in the net present value (NPV) of these two
options, in lakhs of rupees, is ______ (rounded off to one decimal place).
Correct : 1.95
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