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Suppose that an asset costing $75,000 will result in an annual saving of $30,000 for as long as the asset is serviceable. The probabilities that
Suppose that an asset costing $75,000 will result in an annual saving of $30,000 for as long as the asset is serviceable. The probabilities that the asset will remain serviceable for a certain number of years are as follows: | ||||||||||||||
What is the expected net present worth (NPW) of the venture if the MARR = 16%? |
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