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Most likely estimates for a project are as follows. MARR 12% per year Useful life 5 years Initial investment $4,500 ReceiptsExpenses ( R E )
Most likely estimates for a project are as follows.
MARR
12%
per year
Useful life
5
years
Initial investment
$4,500
ReceiptsExpenses
(RE)
$1,800/year
Determine whether the statement"If the initial investment is decreased by more than 8%, the project isprofitable." is true or false.
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