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Please answer them all 2) a) Determine the PW of the following engineering project when the MARR is 15% per year. Is the project acceptable?

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2) a) Determine the PW of the following engineering project when the MARR is 15% per year. Is the project acceptable? Investment cost Expected life Market (salvage) value Annual receipts Annual expenses $10,000 5 years $4,000 b) Determine the IRR of the project. Is it acceptable? c) What is the ERR for this project? Assume -12% per year

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