Compute the future worth, A project requires an invesment

Compute the future worth

Reference no: EM13332580

A project requires an invesment of 31,000 dollars. The project will project revenews of 6,000 dollars at the end of the next 16 years. At the end of the life of the project, the equipment can be sold for a profit with salvage value of 10,000. The MARR is 7.4 percent. Compute the future worth.

Reference no: EM13332580

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