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Consider three mutually exclusive projects (A, B, and C) Cash Flows A B C $1,850.00 $90.00 $135.00 $1,850.00 $1,900.00 First Cost $315.00 $325.00 Uniform annual

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Consider three mutually exclusive projects (A, B, and C) Cash Flows A B C $1,850.00 $90.00 $135.00 $1,850.00 $1,900.00 First Cost $315.00 $325.00 Uniform annual benefit $405.00 $360.00 Salvage value Useful life, in years 6 8 When each project reached the end of its useful life, it would be sold for its salvage value and there would be no replacement. a) Plot the net present worth (NPW) of each project on the same chart with interest rates ranging from 0% to 100% b) If 5 % is the desired rate of return, which project should be selected

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