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1. ABS Industries is considering the following materials for use in its engineering processes. Which should be selected on the basis of a present worth

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1. ABS Industries is considering the following materials for use in its engineering processes. Which should be selected on the basis of a present worth analysis with a quarterly interest rate of 2.5%? Material K (SK) Material M (SK) First Cost 205 235 Maintenance cost $/yr 29 27 Salvage Value, s 2 20 Life, years 2 4

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