Find the net present worth of the project

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an engineering company has requisted that $500,000 be spent on a software and hardware to improve the efficiency of some control systems.this improvement is expected to save $1,000 per year for 10 years in energy costs and $700,000 at the end of 10 years in equipment refurbishment costs,if minimum acceptable rate of return(MARR)=12% .use microsoft excel functions to find the net present worth of the project,and the internal rate of return ,and the annual worth of the project?

Reference no: EM13211124

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