Margaret has a project with a $21,000 first costs that returns $6,000 per year over its 9-year life. It has a salvage value of $2,600 at the end of 9 years. If the MARR is 15 percent, what is the present worth of this project? Click the icon to view the table of compound interest factors for discrete compounding periods when i = 15%. The present worth of this project is $ (Round to the nearest cent as needed.)Compound Interest Factors for Discrete Compounding, Discrete Cash Flows (i=15%) Single Payment Uniform Series Series Arithmetic Compound Present Sinking Uniform Capital Present Gradient Amount Worth Fund Series Recovery Worth Series Factor Factor Factor Factor Factor Factor Factor (F/P,i,N) (P/F,i,N) (A/F,i,N) (F/A,i,N) (A/P,i, N) (P/A,i, N) (A/G,i, N) 1.1500 0.86957 1.0000 1.00000 1.1500 0.86957 0.00000 1.3225 0.75614 0.46512 2. 1500 0.61512 1.6257 0.46512 1.5209 0.65752 0.28798 3.4725 0.43798 2.2832 0.90713 1.7490 0.57175 0.20027 4.9934 0.35027 2.8550 1.3263 2.0114 0.49718 0.14832 6.7424 0.29832 3.3522 1.7228 2.3131 0.43233 0.11424 8.7537 0.26424 3.7845 2.0972 2.6600 0.37594 0.09036 11.067 0.24036 4.1604 2.4498 3.0590 0.32690 0.07285 13.727 0.22285 4.4873 2.7813 3.5179 0.28426 0.05957 16.786 0.20957 4.7716 3.0922 10 4.0456 0.24718 0.04925 20.304 0. 19925 5.0188 3.3832 11 4.6524 0.21494 0.04107 24.349 0. 19107 5.2337 3.6549 12 5.3503 0. 18691 0.03448 29.002 0. 18448 5.4206 3.9082 13 6.1528 0. 16253 0.02911 34.352 0. 17911 5.5831 4.1438 14 7.0757 0.14133 0.02469 40.505 0.17469 5.7245 4.3624 15 8.1371 0. 12289 0.02102 47.580 0.17102 5.8474 4.5650 16 9.3576 0. 10686 0.01795 55.717 0. 16795 5.9542 4.7522 17 10.761 0.09293 0.01537 65.075 0.16537 6.0472 4.9251 18 12.375 0.08081 0.01319 75.836 0. 16319 6.1280 5.0843 19 14.232 0.07027 0.01134 88.212 0. 16134 6.1982 5.230720 16.367 0.06110 0.00976 102.44 0.15976 6.2593 5.3651 21 18.822 0.05313 0.00842 118.81 0.15842 6.3125 5.4883 22 21.645 0.04620 0.00727 137.63 0.15727 6.3587 5.6010 23 24.891 0.04017 0.00628 159.28 0.15628 6.3988 5.7040 24 28.625 0.03493 0.00543 184.17 0.15543 6.4338 5.7979 25 32.919 0.03038 0.00470 212.79 0.15470 6.4641 5.8834 26 37.857 0.02642 0.00407 245.71 0.15407 6.4906 5.9612 27 43.535 0.02297 0.00353 283.57 0. 15353 6.5135 6.0319 28 50.066 0.01997 0.00306 327.10 0. 15306 6.5335 6.0960 29 57.575 0.01737 0.00265 377.17 0.15265 6.5509 6.1541 30 66.212 0.01510 0.00230 434.75 0.15230 6.5660 6.2066 31 76.144 0.01313 0.00200 500.96 0. 15200 6.5791 6.2541 32 87.565 0.01142 0.00173 577.10 0.15173 6.5905 6.2970 33 100.70 0.00993 0.00150 664.67 0. 15150 6.6005 6.3357 34 115.80 0.00864 0.00131 765.37 0. 15131 6.6091 6.3705 35 133.18 0.00751 0.00113 881.17 0.15113 6.6166 6.4019 40 267.86 0.00373 0.00056 1779.1 0. 15056 6.6418 6.5168 45 538.77 0.00186 0.00028 3585.1 0.15028 6.6543 6.5830 50 1083.7 0.00092 0.00014 7217.7 0. 15014 6.6605 6.6205 55 2179.6 0.00046 0.00007 14524.0 0.15007 6.6636 6.6414
