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Determine economic life of the following asset given that its purchase price was $60,000 and the MARR = 10% Possible Answers A. 2 years and

Determine economic life of the following asset given that its purchase price was $60,000 and the MARR = 10%

Possible Answers A. 2 years and EAC = $45,048 B. 3 years and EAC = $47,147 C. More than 4 years since EAC is increasing over first 4 years D. 4 years and EAC = $45,000 E. 1 year and EAC = $46,000

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