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Question: 6 explain in your own words what is meant by...

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6. Explain in your own words what is meant by the Present Worth (PW), the Future Worth (FW), and the Annual Worth (AW). Calculate the Annual Worth of an investment opportunity that can be sold later after its investment period of 6 years for $10,000 with an annual interest rate of 12% compounded quarterly. The opportunity has a present value of $25,000 and annual revenues of $600 7.

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