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Determine the future worth of the following engineering project when the MARR is 15% per year: -Investment cost: $10,000 -Expected life: 5 years -Market (salvage)

Determine the future worth of the following engineering project when the MARR is 15% per year:

-Investment cost: $10,000

-Expected life: 5 years

-Market (salvage) value: -$1,000

-Annual savings: $8,000

-Annual expenses: $4,000

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