A project has a first cost of $$ 16,999$ with a life of 10 years and a
Question:
A project has a first cost of $\$ 16,999$ with a life of 10 years and a salvage value of $\$ 2,500$. If the MARR is $12 \%$ and provides benefits of about $\$ 2,750$ annually, what is the $\mathrm{PW}$ of the project?
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To calculate the Present Worth PW of the project we need to consider the initial cost annual benefit...View the full answer
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