Calculate the present worth

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Reference no: EM1361524

A project requires an invesment of 37,000 dollars. The project will project revenews of 3,000 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 11,000. The MARR is 6.0 percent. Compute the present worth.

Reference no: EM1361524

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