Question: A project your firm is considering for implementation has these estimated costs and revenues: an investment cost of $ 5 5 4 2 1 ,

A project your firm is considering for implementation has these estimated costs and revenues: an investment cost of $55421, maintenance costs that start at $5,000 at end-of-year
(FOY) one and increase by $ 1,000 for each of the next four years, and then remain constant for the following five years; savings of $29526 per year (EOY 1-10): and finally a resale
value of $31540 at EOY 10. If the project has a 10-year life and the firm's MARR is 10% per year, what is the present worth of the project?

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