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Q. 5-21 . Determine the FW of the following engineering project when the MARR is 12% per year. Is this project acceptable? Proposal A Investment

Q. 5-21. Determine the FW of the following engineering project when the MARR is 12% per year. Is this project acceptable?

Proposal A

Investment cost

$15,000

Useful life

6 years

Market (salvage) value

$2,000

Annual receipts

$11000

Annual expenses

$6000

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