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3. A company must decide between 3 alternatives. First it will determine if each makes sense as a single alternative, and if any project makes

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3. A company must decide between 3 alternatives. First it will determine if each makes sense as a single alternative, and if any project makes sense it will compare the appropriate projects using Annualized Cost. The projects will last 360 months. I-6% per year Project A: Initial Cost300,000. Revenue is constant at 1000 per month month. Salvage Value of Equipment is 30,000 Costs are constant at 100 per Project B: Initial Cost 500,000. Revenue at t 1 is 200. The revenue increases each month by 300 per month. Costs can be considered O (negligjble). Salvage Value is 10,000. Project C: Initial Cost 400,000. Revenue is constant at 1000 per month, Costs start at 80 per month at #1 and increase each month by 30, Salvage Value is 3,000. Determine if each choice makes sense and compare any sensible single alternative choices using Annualized Worth

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