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Compare the machines below using present worth analysis at i = 8% per year. Assume the study period is 15 years. First cost, $ Annual

Compare the machines below using present worth analysis at i = 8% per year. Assume the study period is 15 years. First cost, $ Annual cost, $/year Salvage value, $ Life, years Machine A -50,000 -7,000 8,000 5 Machine B -40,000 -4,000 5,000 15

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