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A company has developed a new product

Finance

A company has developed a new product. If the MARR is 5%, what is the future worth of producing the new product (at the end of the useful life)? Should the company go forward with the production of the new product? Initial Cost Annual Operating and Maintenance Costs Revenues $5,000,000 $55,000 $750,000 for the first year, decreasing by $35,000 per year for the next 14 years 15 years Useful Life

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