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What is the annual worth of this project

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Question - Margaret has a project with a £ 25,000 first cost that returns £ 4,400 per year over its 10-year life. It has salvage value of £ 2,700 at the end of 10 years. If the MARR is 8 %, (Use 5 significant figures for your calculations, and round your answers to the nearest dollar. Indicate losses as a negative value.)

Required -

(a) What is the present worth of this project?

(b) What is the annual worth of this project?

(c) What is the future worth of this project after 10 years?

Reference no: EM132708742

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