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initial investment : 25000 Equal payment of $5000 in each of years 1-4, then decrease by 10% each year in year 5 - 10 receipts

initial investment : 25000

Equal payment of $5000 in each of years 1-4, then decrease by 10% each year in year 5 - 10

receipts of $50000 in year 7,8 10

What is the present worth if MARR is 12% per year?

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