Question: Nancy has a project with a $17000 first cost that returns $7000 per year over its 13- year life. There will be a $3000 salvage

Nancy has a project with a $17000 first cost that returns

Nancy has a project with a $17000 first cost that returns $7000 per year over its 13- year life. There will be a $3000 salvage value at the end of the 13-years. If Nancy uses a MARR of 14%, what is the annual worth of the project

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