Margaret has a project with a $21,000 first costs that returns $4,000 per year over its 14-year life. It has a salvage value of $3,200 at the end of 14 years. If the MARR is 12 percent, what is the present worth of this project? Click the icon to view the table of compound interest factors for discrete compounding periods when i = 12%. The present worth of this project is $ (Round to the nearest cent as needed.)
