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A project requires an investment of 31,000 dollars. The project will project revenue of 7,000 dollars at the end of the next 16 years. At

A project requires an investment of 31,000 dollars. The project will project revenue of 7,000 dollars at the end of the next 16 years. At the end of the life of the project, the equipment can be sold for a profit with salvage value of 13,000. The MARR is 6 percent. Compute the future worth.

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