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IN EXCEL you are comparing two repeatable projects (which will have to be replaced with the same project at the end of life). Both have

IN EXCEL you are comparing two repeatable projects (which will have to be replaced with the same project at the end of life). Both have cost of captial of 10% and are mutually exclusive. Project A has a 6-year life, an inital investment of $14,000, in year 0, and an annual opering cost of $2,400 per year. Project B has an initail investment of $10,000, in year 0, a 4 -year life, and an annual operating cost of $0000 per year. What is the EAC (Equivanlent annual cost) for project B

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