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Consider a Project with a First Cost (Investment) of $250,000

question 9

Essay

Consider a project with a first cost (investment) of $250,000, an annual O&M cost of $50,000, annual revenue of
$160,000, and a salvage value of $40,000 after a 10-year project life. Find the annual worth of the project
assuming an interest of 13% per year.


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