Carlisle company has been cited and must invest in


Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $18,500 per year. An emission reduction filter will cost $75,000 and have an expected life of 5 years. Carlisle's MARR is 10 percent/year.

A) what is the future worth of this investment?

B) is the filter economically justified?

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Financial Management: Carlisle company has been cited and must invest in
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