Question: you are asked to evaluate a proposal to replace a water pump which will produce total benifits of $560000 over the next five years at

you are asked to evaluate a proposal to replace a water pump which will produce total benifits of $560000 over the next five years at cost of 220000. the existing pump would produce total benifit of 300,000 over the same period and can be sold for 70000 the net benifit of the propoded new pump is

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