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The project has and initial cost of $75,000, operating and maintenance cost of $10,000 during each year of its 8 year life, and a salvage

The project has and initial cost of $75,000, operating and maintenance cost of $10,000 during each year of its 8 year life, and a salvage value of $15,000. What is the Annual Worth if MARR=10%?

-$23,878

-$22,747

-$21,876

-$25,478

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