What is the present worth of mission

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Katniss Everdeen decides which Mission to undertake.

Mission X has the initial cost of $1,000, the useful life of 7 years, the salvage value of $200, and terminal value of $100.

Mission Y has the initial cost of $1,200, the useful life of 12 years, the salvage value of $100, and the terminal value of $200.

The planning horizon is 10 years.

What is the present worth of Mission Y?

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Reference no: EM131537335

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