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What is the present worth-carlisle company investment

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Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $20,000 per year. An emission reduction filter will cost $90,000 and will have an expected life of 5 years. Carlisle's MARR is 11 %/year.

What is the present worth of this investment?

Reference no: EM132638405

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