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What is the present worth-rj millworks

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RJ Millworks is planning on purchasing a large resawing band saw for $30,000. The saw has a useable timespan estimated to be seven years, at which point it will have an estimated salvage value of $8,000. Annual income each year for the 7 years is $9000. Annual operating expenses are $3,000. What is the present worth, annual worth, future worth, and internal/external rate of return? Assume MARR = 7.5% and the planning horizon is 7 years.

Reference no: EM132699315

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