Calculate the annual worth of a proposed project with the following cash-flow: Initial investment: $ 132,951 End
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Question:
Calculate the annual worth of a proposed project with the following cash-flow:
Initial investment: $ 132,951
End of year net cash flow: $ 12,264
Salvage value: $ 12,047
Assume that the life-time of the project is 15 years, and that the MARR is 8 % compounded annually.
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