What is the present worth of the expected income

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Reference no: EM13987302

A rolled model product company purchased a machine for ram clambering large I- beam. The company expects to bend 95 beam at $2000 per beam in each of the first year, after which company expects to bend 125 beams per year through 9 years. If the company's MARR is 20% per year, what is the present worth of the expected income?

Reference no: EM13987302

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