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A capital improvement project requires an initial investment of $650,000 and returns benefits of $175,000 at the end of every 5 th year for a

A capital improvement project requires an initial investment of $650,000 and returns benefits of $175,000 at the end of every 5th year for a 20-year period of analysis. If the MARR is 8%, should the project be undertaken? Show supporting calculations. Assume all benefits are End-of-Year. Show all work

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