DuraTech Manufacturing is evaluating a process improvement project. The estimated receipts and disbursements associated with the project are shown below. MARR is 10%/year.

Chapter 04, Problem 004 (Video Solution) DuraTech Manufacturing is evaluating a process improvement project. The estimated receipts and disbursements associated with the project are shown below. MARR is 10%/year. End of Year Receipts Disbursements $5,300 $150 $0 $300 $2,300 $350 $3,000 $620 $2,500 $1,190 $1,700$1,490 0 2 3 4 Click here to access the TVM Factor Table Calculator Part a What is the present worth of this investment? $ Carry all interim calculations to 5 decimal places. Round entry to two decimal places. The tolerance is 5 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER Earn Maximum Points available only if you answer this question correctly in your first attempt