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(5 points) The cash flow for a potential project has the following values: Initial capital investment = $25,000; annual revenue = $8,520 per year for
(5 points) The cash flow for a potential project has the following values: Initial capital investment = $25,000; annual revenue = $8,520 per year for 5 years; annual expenses = $2,870 per year for 5 years; and salvage value = $3,515 at the end of 5 years. The company is willing to accept the project if it earns at least a MARR of 12% per year. Based on present worth (PW), determine whether the project is acceptable using the internal rate of return (IRR) method. Use linear interpolation if needed. (5 points) The cash flow for a potential project has the following values: Initial capital investment = $25,000; annual revenue = $8,520 per year for 5 years; annual expenses = $2,870 per year for 5 years; and salvage value = $3,515 at the end of 5 years. The company is willing to accept the project if it earns at least a MARR of 12% per year. Based on present worth (PW), determine whether the project is acceptable using the internal rate of return (IRR) method. Use linear interpolation if needed
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