What was the projects present worth and annual worth

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Katie's project has a five-year term, a first cost, no salvage value, and annual savings of $20 000 per year. After doing present worth and annual worth calculations with a 15% interest rate, Katie notices that the calculated annual worth for the project is exactly three times the present worth. What was the project's present worth and annual worth? Should katie undertake the project?

Reference no: EM13894105

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