Project requires an invesment

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A project requires an invesment of 43,000 dollars. The project will project revenews of 5,000 dollars at the end of the next 13 years. At the end of the life of the project, the equipment can be sold for a profit with salvage value of 10,000. The MARR is 2.6 percent. Compute the present worth

Reference no: EM13332425

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