Problem 11-39 (algorithmic) Most likely estimates for a project are as follows. MARR 12% per year Useful life 6 years Initial investment $6,000 Receipts - Expenses (R-E) $1.400/year Determine whether the statement "An initial investment of $3,900 is profitable." is true or false. Click the icon to view the relationship between the PW and the percent change in parameter. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 12% per year. Choose the correct choice below. O False O True