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Data for 3 machines are given. For the given MARR, which machine will have the highest EUAW and hence be selected for purchase? MARR 8.0%

Data for 3 machines are given. For the given MARR, which machine will have the highest EUAW and hence be selected for purchase? MARR 8.0% Year Project J Project K Project L 0 $ (101,500) $ (117,435) $ (153,612) 1 $ 6,950 $ 35,850 $ 64,950 2 $ 6,950 $ 35,850 $ 42,950 3 $ 6,950 $ 32,450 $ 52,950 4 $ 6,950 $ 31,950 $ 42,950 5 $ 32,950 $ 31,950 $ 6,950 6 $ 51,950 $ 24,950 $ (13,900) 7 $ 51,950 $ (49,900) 8 $ 51,950 $ 16,350 9 $ 51,950 10 $(103,900.00)

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