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Compare the following two proposals using the Uniform Annual Equivalent Value method. The initial investment will be financed by a bank that charges 20% annual

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Compare the following two proposals using the Uniform Annual Equivalent Value method. The initial investment will be financed by a bank that charges 20% annual interest. Proposals: A B Initial investment $50,000.00 $200,000.00 Annual maintenance cost $62,000.00 $24,000.00 Annual savings in $100,000.00 $110,000.00 operation Salvage value $10,000 $0.00 Useful life 4 years 6 years

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