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Calculate the equivalent annual annuity for project B. Assume a required rate of return of 12%. Please show work or screenshot of excel work. Given

Calculate the equivalent annual annuity for project B. Assume a required rate of return of 12%. Please show work or screenshot of excel work.

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Given the following two mutually exclusive project, calculate the equivalent annual annuity for Project B. Assume a required rate of return of 12%. (Round to 2 decimals) YearProject A -500 320 320 320 Project B -600 300 300 300 300 4

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