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Margaret has a project with a $28,000 first costs that returns $6,000 per year over its 12-year life. It has a salvage value of $2,500
Margaret has a project with a $28,000 first costs that returns $6,000 per year over its 12-year life. It has a salvage value of $2,500 at the end of 12 years. If the MARR is 13 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 = 13%. The present worth of this project is $ (Round to the nearest cent as needed.) Nabil is considering buying a house while he is at university. The house costs $250,000 today. Renting out part of the house and living in the rest over his two years at school will net, after expenses, $3000 per month. He estimates that he will sell the house after two years for $260,000. If Nabil's MARR is 6 percent compounded monthly, should he buy the house? Use present worth. Click the icon to view the table of compound interest factors for discrete compounding periods when i = 6% compounded monthly Nabil (Roun buy the house because the present worth of the house is $ is needed.) should should not
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