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A project has a first cost of $20,000, no salvage value, but is predicted to have the following annual savings and life, with an interest

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A project has a first cost of $20,000, no salvage value, but is predicted to have the following annual savings and life, with an interest rate of 6%. What is the expected value of the present worth? Life (yrs)P Savings (S) P 4000 6000 0.75 0.257 0.6 0.4

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