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Based on the following information for 5 mutually exclublve projecta (A, B, C, D, and E), which project should we select if our MARR=9%? Project

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Based on the following information for 5 mutually exclublve projecta (A, B, C, D, and E), which project should we select if our MARR=9\%? Project A: I Iribial Cost $200,000. Asnual Return(Benefits) $69,000. Project Life: 6 years, no salvage value at the end of life. Project B: Inritial Cast: $200,000. Anrual Return(Benefits): $57,000. Project Life: 7 years, no salvige value at the end of life. Project C: I Initial Cast: $200,000. Annual Return(Renefits): $65,000. Project Life: 8 years, no salvage value at the end of life. Project D: Inritial Cast: $200,000. Anrual Return(Benefits): $53,000. Project Life: 9 years, no salvage value at the end of life. Project E: I Initial Cost $200,000. Avnual Retum(Benefits) $62,000. Project A Project B Project C Project D Project E

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