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Fantastic Footwear can invest in one of two different automated clicker cutters. The first, A, has a $100 000 first cost. A similar one with

Fantastic Footwear can invest in one of two different automated clicker cutters. The first, A, has a $100 000 first cost. A similar one with many extra features, B, has a $400 000 first cost. A will save $50 000 per year over the cutter now in use. B will save $150 000 per year. Each clicker cutter will last five years. If the MARR is 10 percent, which alternative is better? Use an IRR comparison

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