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In evaluating a piece of equipment for its optimal replacement interval, the following table of equivalent uniform annual costs is obtained. n EUAC(n) 1 $1,617

In evaluating a piece of equipment for its optimal replacement interval, the following table of equivalent uniform annual costs is obtained. n EUAC(n) 1 $1,617 2 $1,584 3 $1,610 4. $1,615 What is the optimal replacement interval for the equipment? O 1 year O 3 years O 2 years O 4 years Save for Later Attempts: 0 of 1 used Submit

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