Question: DuraTech Manufacturing is evaluating a process improvement project. The estimated receipts and disbursements associated with the project are shown below. MARR is 6%/year. End of

DuraTech Manufacturing is evaluating a process improvement project. The estimated receipts and disbursements associated with the project are shown below. MARR is 6%/year.

End of Year: 0 1 2 3 4 5

Receipts: 0 700 2000 3500 3400 1400

Disbursements: 5300 200 330 700 1160 1490

a) What is the present worth of the investment?

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