Determine what is the present worth of the operation

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If you invest $499,000 and you have an annual expense of $45,000 in year one which increases by $9,900 each year there after. Annual revenues are $199,000 each year. What is the Present Worth of the operation, and the Annual Equivalent for the next 5 years? Using an MARR of 11.5%.

Reference no: EM13231879

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