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As an engineer, you are responsible to find the best alternative that is economically best. The cash flows shown in the table and the MARR

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As an engineer, you are responsible to find the best alternative that is economically best. The cash flows shown in the table and the MARR is 11 % per year. Then please answer the following questions. Cash Flow Project 01 Project 02 Project 03 First Cost, $ -70000 210000 230000 Annual Cost, $ Per Year -40000 -21000 -13000 Overhaul Every 10 Years, $ -80000 Salvage Value, $ 6000 25000 15000 Life, Years 3 10 a) Find the Aw for Project 01. Answer. b) calculate the AW for Project 02

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