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Bramble Inc. is considering a capital project costing $ 4 3 8 1 0 . The project is projected to provide annual cost savings of

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Bramble Inc. is considering a capital project costing $43810. The project is projected to provide annual cost savings of $19000 for the first 2 years and $16000 for the third year. The expected salvage value is $0 and the company uses straight-line depreciation. Assuming a 10% rate of return, what is the project's profitability index?
\table[[Year,\table[[Present Value],[of 1 at 10%
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