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Your firm is thinking about investing $250,000 in the overhaul of a manufacturing cell in a lean environment. Revenues are expected to be $39,000 in

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Your firm is thinking about investing $250,000 in the overhaul of a manufacturing cell in a lean environment. Revenues are expected to be $39,000 in year one and then increasing by $13,000 more each year thereafter. Relevant expenses will be $25,000 in year one and will increase by $12,500 per year until the end of the cell's five-year life. Salvage recovery at the end of year five is estimated to be $12,000. What is the annual equivalent worth of the manufacturing cell if the MARR is 11% per year? Click the icon to view the interest and annuity table for discrete compounding whon the MARR is 11% per year. The annual equivalent worth of the manufacturing cell is $508826. (Round to the nearest dollar.)

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