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A capital investment of$10000 can be made in a project that will produce uniform revenue of $5320 for five years and then have an estimated salvage value of $2000 Annual expenses

A capital investment of$10,000 can be made in a project that will produce uniform revenue of $5320 for five years and then have an estimated salvage value of $2,000. Annual expenses will be $3,000. The company is willing to accept any project that will earn at least 10% per year (including inflation), before income tax. Determine whether it is acceptable?

Apr 23 2020 View more View Less

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