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2. A project has a first cost of $1,000 and a MARR of 10%. It attracts annual savings of $250 indefinitely. What are the project's

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2. A project has a first cost of $1,000 and a MARR of 10%. It attracts annual savings of $250 indefinitely. What are the project's payback period, discounted payback period, net present worth and IRR? If instead the project ends in 10 years, will each of these four parameters be lower, higher, or the same

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