Question

Improved tooling for numerical control machinery will cost $10,000, last 6 years, and have no salvage...

Improved tooling for numerical control machinery will cost $10,000, last 6 years, and have no salvage value at that time. Due to this investment, net income will increase by $25225 during each of the first 3 years and by $3840 during each of the remaining 3 years. MARR is 15%.

What is the present worth for the investment?

What is the annual worth for the improved numerical control tooling?

What is the future worth for the investment?

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