The present worth of a 4-year project is $145 million. It has a first cost of $76.8 million, annual savings and operating costs, and salvage value of $44 million at the end of its service life. What is the project's annual net savings if its MARR is 4%?

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The Answer of The present worth of a 4-year project is $145 million. It has a first cost of $76.8 million, annual savings and operating costs, and salvage value of $44 million at the end of its service life. What is the project's annual net savings if its MARR is 4%?

The Present Worth of a 4-Year Project Is $145 Million