DuraTech Manufacturing is evaluating a process improvement project. The estimated receipts and disbursements associated with the project are shown below. MARR is 7%/year.

A) What is the present worth of this investment?

calculations to 5 decimal places. Round entry to two decimal places. The tolerance is 5.

B) What is the decision rule for judging the attractiveness of investments based on present worth?

C) Should DuraTech Implement the proposed process improvement?

End of Year Receipts Disbursements $4,700 $0 $900 $160 $1,800 $270 $3,000 $580 $3,500 $1,120 $1,200 $1,400