An investment of $50,000 is expected to generate a net annual income of $38,000 for 3 years. If the study period is 18 years, and assuming this alternative will be repeated over the study period, what is the present worth of this investment if MARR is 16%? O a. $35,344 O b. $91,556 c. $171,078 d. $15,737 O e. $94,423 A project offers an annual return of 11.5% compounded continuously. What is the effective annual interest rate? a. 15.60% b. 16.77% c. 12.19% d. 14.45% e. 13.31% The present worth of a project computed at MARR = 10% is zero. Which one of the following statements is correct