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1. The estimated cash flows for each option are given below. Use an Annual Worth comparison to determine which option is preferable at an interest

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1. The estimated cash flows for each option are given below. Use an Annual Worth comparison to determine which option is preferable at an interest rate of 14.23% per year compounded quarterly. POINT:25 B ($) 25 A ($) 35 5.5 15 2 10 First cost Annual cost/year Annual income/year Upgrade cost every 4 years S. V Life, years 2 5 4 00

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