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Choose the best alternative among the three alternatives given in the table below. Use a MARR of 5% Red Blue Green Initial cost $4500 $1900

Choose the best alternative among the three alternatives given in the table below. Use a MARR of 5%

Red Blue Green
Initial cost $4500 $1900 $1200
Annual benefit $2400 $700 $300
Salvage value $500 $900 0
Life in years 2 years 3 Years Infinity

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