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Large scale projects require comparison of alternatives that have such long lives that project life may be considered infinite in economic analysis terms. 1. For

Large scale projects require comparison of alternatives that have such long lives that project life may be considered infinite in economic analysis terms. 1. For this type of analysis, what is the annual worth equation of the initial investment? (10 pts) 2. How does this annual worth compare to capital recovery for the project? (10 pts) Hint: Compare your answer to question 3 to your answer in question 2

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