A project has a first cost of 10000 net annual benefits of
A project has a first cost of $10,000, net annual benefits of $2,000 and a salvage value of $3,000 at the end of a ten year useful life. What is the future worth of the project if MARR = 10%?
a. $5,937
b. $6,213
c. $8,937
d. $4,693
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