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4) (25 pts.) The following three mutually exclusive alternatives have a 9-year life and no salvage value. Initial Cost Uniform annual benefit A $500
4) (25 pts.) The following three mutually exclusive alternatives have a 9-year life and no salvage value. Initial Cost Uniform annual benefit A $500 95 B $300 50 C $400 80 a) The firm wants a 9% rate of return. Which alternative should be selected? b) Construct a choice table for interest rates from 0% to 100%.
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
15th edition
132554909, 978-0132554909
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