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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 A(S) 35 5.5 15 First cost Annual cost/year Annual income/year Upgrade cost every 4 years S. V Life years B ($) 25 2 10 2 5 co

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