An investment of $10,000 can be made in a project that will produce five (5) uniform annual revenues and a market value (salvage) value of $2,000. The company is willing to accept any project that will earn 10% per year or more, on all the invested capital. Compute the annuity that will make this investment worthwhile.

Answer rating: 100% (QA)

To determine the annuity that will make this investment worthwhile we need to calculate the present ... View the full answer