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An HP preheater is needed by a power plant to process preheated feed water between the boiler feed pump and the evaporator inlet. The net

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An HP preheater is needed by a power plant to process preheated feed water between the boiler feed pump and the evaporator inlet. The net cash flows are estimated to be as follows: Determine whether this is a good investment if the MARR is 15% per year. Use the following methods: 1. Present Worth Method (8 points) 2. IRR Method (7 points)

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