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A preliminary investment estimate of entire project is $140,000. For the period of 3 years after the completion, maintenance costs are expected to be $40,000
A preliminary investment estimate of entire project is $140,000. For the period of 3 years after the completion, maintenance costs are expected to be $40,000 per year and total projected benefits are about $200,000 per year. Consider the required rate of return of of 8%
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