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8.9) In evaluating a piece of equipment for its optimal replacement interval the following table of equivalent uniform annual costs is obtained. What is the

8.9)

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In evaluating a piece of equipment for its optimal replacement interval the following table of equivalent uniform annual costs is obtained. What is the optimal replacement interval for the equipment? EAC $1,582 $1,550 $1,525 $1,580 1 2 4 4 years 1 year 2 years 3 years

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