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6. Given the following COSTS from operating two machines and a 6% cost of capital. Year 0 1 2 3 Machine A 15 5 Machine

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6. Given the following COSTS from operating two machines and a 6% cost of capital. Year 0 1 2 3 Machine A 15 5 Machine B 10 7 7 7 a. Calculate PV for each machine. b. Calculate Equivalent Annual Cash Flows for each machine. c. Which machine has the lower equivalent annual cost

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