Compute the annual worth

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A project requires an invesment of 40,000 dollars. The project will project revenews of 4,000 dollars at the end of the next 20 years. At the end of the life of the project, the equipment can be sold for a profit with salvage value of 18,000. The MARR is 9.7 percent. Compute the annual worth.

Reference no: EM13332578

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