Question: A project your firm is considering for implementation has these estimated costs and revenues: an investment cost of 5 8 , 6 7 6 ,

A project your firm is considering for implementation has these estimated costs and revenues: an investment cost of 58,676, maintenance costs that start at 5,000 at the end of the year (FOY) one and increase by 1,000 for each of the next four years, and then remain for the following five years; savings of $26,789 per year ( EOY 1-10); and finally a resalve value of 28,531 at EOY 10. If the project has 10 year life and the firms MARR is 10% per year, what is the present worth of the project

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