... significantly affect project expenses! TABLE 6-4 Cash Flows for the Boston Central Artery/Tunnel Project Year t Price Index 1982 $ Price Index 2002 $ Project Expenses ($ M) Project Expenses ... Then, a project is acceptable if NPV 0. When the annual gross receipt is uniform, i.e., Bt = B for t = 1, 2, , n and B0 = 0, then, for NPV = 0: (6.32) Thus, the minimum uniform annual ... Shields for Private Organizations 178 t for a investment project x where x = 1, 2, refer to projects No. 1, No. 2, etc., respectively. Let Ct,x be the annual cost at the end of year t for the...