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A major equipment purchase is being considered by Metro Atlanta. The initial cost is determined to be $1,000,000. It is estimated that this new equipment

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A major equipment purchase is being considered by Metro Atlanta. The initial cost is determined to be $1,000,000. It is estimated that this new equipment will save $170,000 the first year and increase gradually by $75,000 every year for the next 6 years. MARR-10% Using Benefit-Cost analysis, what is the Benefit/Cost ratio for this equipment purchase

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