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Engineering economics 2 3. You wanted to replace the muffler of an old car which you plan to keep for 3 more years. The shop

Engineering economics 2

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3. You wanted to replace the muffler of an old car which you plan to keep for 3 more years. The shop offered two alternatives. For $50.00 he would install a muffler guaranteed for 2 years. But for $65,00 he would install a muffler guaranteed for 5 years. Which one would you choose if i- 20%

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