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The present worth of a 4-year project is $150 million. It has an initial construction cost of $95 million, certain annual savings due to its
The present worth of a 4-year project is $150 million. It has an initial construction cost of $95 million, certain annual savings due to its construction and certain operating costs. It has a salvage value of $44 million at the end of its service life. What is the project's annual net savings if its MARR is 5%
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