What is the present worth of this investment

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Arlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $19,500 per year. An emission reduction filter will cost $60,000 and will have an expected life of 5 years. Carlisle’s MARR is 9%/year.

What is the present worth of this investment?

Reference no: EM13737826

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