A capital investment project involves the purchase of a 3-D soldering station for $$ 15,000$, producing an

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A capital investment project involves the purchase of a 3-D soldering station for $\$ 15,000$, producing an annual net benefit of $\$ 2,250$. The system has an 8-year useful life with a salvage value of $\$ 6,200$. What is the present worth of the project?

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