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For the five independent projects given, the capital budget limit is $120,000, the MARR is 10% per year, and all projects have a 10-year life.
For the five independent projects given, the capital budget limit is $120,000, the MARR is 10% per year, and all projects have a 10-year life.
| Project | First Cost, $ | Net Income, $ per Year | IROR, % | PW at 10%, $ |
| A | 18,000 | 4000 | 18.0 | 6578 |
| B | 15,000 | 2800 | 13.3 | 2205 |
| C | 35,000 | 12,600 | 34.1 | 42,422 |
| D | 60,000 | 13,000 | 17.3 | 19,879 |
| E | 50,000 | 8000 | 9.6 | 843 |
Are different projects selected using the three methods?
Yes or No
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