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Decision D6, which has three possible choices (X, Y, or Z), must be made in year 3 of a 6-year study period in order to
Decision D6, which has three possible choices (X, Y, or Z), must be made in year 3 of a 6-year study period in order to maximizeE(PW). Using an MARR of 14% per year, the investment required in year 3, and the estimated cash flows for years 4 through 6, determinewhich decision should be made in year 3.
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