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6-46 Two mutually exclusive alternatives are being considered Year 0 -$3000 -$5000 845 845 845 845 845 1400 1400 1400 1400 1400 2 4 6

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6-46 Two mutually exclusive alternatives are being considered Year 0 -$3000 -$5000 845 845 845 845 845 1400 1400 1400 1400 1400 2 4 6 One of the alternatives must be selected. Using a 15% nominal interest rate, compounded continu- ously, determine which one. Solve by annual cash flow analysis. 6-46 Two mutually exclusive alternatives are being considered Year 0 -$3000 -$5000 845 845 845 845 845 1400 1400 1400 1400 1400 2 4 6 One of the alternatives must be selected. Using a 15% nominal interest rate, compounded continu- ously, determine which one. Solve by annual cash flow analysis

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