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After calculating the Equivalent Annual Annuity ... Type the equivalent-annual-annuity of the project you would choose ( A or B) ? Assume the discount rate

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After calculating the Equivalent Annual Annuity ... Type the equivalent-annual-annuity of the project you would choose ( A or B) ? Assume the discount rate is 5%. "'Hint: Use five years for Project A and two years for Project B as the life of the EAA (Assumption: Projects are renewable indefinitelyl. Round your answer to the nearest two decimals if needed. Do not type the $ symbol

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