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Choose which is the more preferable option if i = 8%. The more preferable option is the one with the higher present value. Option A
Choose which is the more preferable option if i = 8%. The more preferable option is the one with the higher present value.
| Option A | Option B | |
| First Cost | $4000 | $6000 |
| Annual Benefit | $1500 | $2000 |
| Expected Life | 6 years | 6 years |
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The Ten Commandments To A Financial Healing
Authors: Ms. Kemberley J Washington
1st Edition
1499607261, 978-1499607260
