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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

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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