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2. (14 Points) A company has 2 options to re-new its production line, two options are presented in the next table. Use the Present worth

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2. (14 Points) A company has 2 options to re-new its production line, two options are presented in the next table. Use the Present worth analysis to find which option is better? (consider Option B Option A -80,000 -60,000 First Cost -4,000 -6,000 Annual cost 16,000 14,000 Salvage value 8 4 Service life

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