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Given below information, justify the economic profitability of the project through computing the PW, FW, AW and ERR (complete the solution for each method). Cost/Revenue
Given below information, justify the economic profitability of the project through computing the PW, FW, AW and ERR (complete the solution for each method). Cost/Revenue Estimates Initial Investment: $50,000 Annual Revenues: 20,000 Annual Operating Costs: 2,500 Salvage Value @ EOY 5: 10,000 Study Period: 5 years and MARR 20% per year
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