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4 [ 2 4 ] An electric utility is taking bids on the purchase, installation, and operation of microwave towers. The following are details associated

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[24] An electric utility is taking bids on the purchase, installation, and operation of microwave towers. The following are details associated with the two bids that were received. Which bid do you recommend, based on the present-worth method and use of the least common multiple of the lives? Consider an annual interest rate of 10%.
\table[[,Bid A,Bid B],[Equipment cost,$112,000,$98,000
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