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Calculate the annual worth of a proposed project with the following cash-flow: Initial investment $ 196,615 LE End of year net cash flow: $ 18,372

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Calculate the annual worth of a proposed project with the following cash-flow: Initial investment $ 196,615 LE End of year net cash flow: $ 18,372 Salvage value: $ 11,688 Assume that the life-time of the project is 18 years, and that the MARR is 7 % compounded annually

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