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1. What is the annual equivalent cost of a three-year project that incurs costs totalling $159.89 in present value terms? The discount factor is 10%.

1. What is the annual equivalent cost of a three-year project that incurs costs totalling $159.89 in present value terms? The discount factor is 10%. (a) $53.30 (b) $159.89 (c) 2.4869 (d) $64.29 (e) $58.45

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