(b) An investment of RM20,000 can be made in a project that will produce a uniform annual revenue of RM7,310 for seven years and then have a market (salvage) value of RM6,000. Expenses will be RM3,100...

Extracted text: (b) An investment of RM20,000 can be made in a project that will produce a uniform annual revenue of RM7,310 for seven years and then have a market (salvage) value of RM6,000. Expenses will be RM3,100 in second year and RM2,000 in third year. Second investment of RM4, 000 in fifth years was made to increase the project operation. The company is willing to accept any project that will earn 10% per year or more before incomes taxes, on all invested capital. Show whether this is desirable investment by using the Present Worth method.