Question: DuraTech Manufacturing is evaluating a process improvement project. The estimated receipts and disbursements associated with the project are shown below. MARR is 6.7%/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 6.7%/year. End of Year Receipts Disbursements 0 $0 $4,700 1 $0 $170 2 $1,500 $310 3 $4,300 $570 4 $2,600 $960 5 $1,800 $1,600 Click here to access the TVM Factor Table Calculator For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 52.75. The cell tolerance is +0.05. Parta What is the annual worth of this investment? $
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