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Consider the following mutually exclusive projects with MARR = 6%. Year 0 1 2 3 System A -$20k $10k $10k $5k System B -$20k $18k

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Consider the following mutually exclusive projects with MARR = 6%. Year 0 1 2 3 System A -$20k $10k $10k $5k System B -$20k $18k $1k $6k a. Find a conventional-payback period for each project? (5 points) b. Which project should you choose? Briefly explain how you choose the project. (5 points)

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