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You are given the following estimated information about a proposed project: Investment cost $ 66,000 Annual cost $/Year 10,000 Salvage value 10,000 Economic life 6

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You are given the following estimated information about a proposed project: Investment cost $ 66,000 Annual cost $/Year 10,000 Salvage value 10,000 Economic life 6 years M.A.R.R 10% Answer questions 4 through 6 based on the above information 6- The annual worth cost of the proposed project is closest to : Select one: a. $ 24,800 b. $26,800 c. $ 23,858 d. $ 22.500

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