Question: 4 . 1 1 For a 4 - month research project on reverse osmosis, a pilot facility will be rented for $ 6 , 9

4.11 For a 4-month research project on reverse osmosis,
a pilot facility will be rented for $6,900 per month,
the electrical work will cost $8,500 now, and
the technician to install the electrical work will charge $2,000 monthly.
shipping will cost $2,300 at the beginning and end of the project (months 0 and 4) and,
an additional $1,300 will be paid to the technician in the 4th month for demobilization.
If the interest rate is 6% per month, what is the present value of the pilot facility?

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