Present Worth
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A firm wants to lease some land from you for 20 years and build a warehouse on it. As your payment for the lease, you will own the warehouse at the end of the 20 years. If the salvage value is estimated to be worth $20,000 then, what is the PW (Present Worth) assuming a MARR of 10%?
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Solution Summary
The expert determines if the salvage value is estimated to be work $20,000, the present worth is determined.
Education
- BE, Bangalore University, India
- MS, University of Wisconsin-Madison
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