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In trying to decide whether or not to replace a machine, an engineer calculated the following annual worth values for the in-place machine (defender) and

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In trying to decide whether or not to replace a machine, an engineer calculated the following annual worth values for the in-place machine (defender) and a new machine (challenger). On the basis of these costs, the defender should be replaced: a. now b. 1 year from now. c. 2 years from now. d. 3 years from now

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