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Net Present Value--Unequal Lives Project 1 requires an original investment of $56,900. The project will veld cash flows of $11,000 per year for eight years,

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Net Present Value--Unequal Lives Project 1 requires an original investment of $56,900. The project will veld cash flows of $11,000 per year for eight years, Project 2 has a camputed net present valve of $13,800 over a six-year life. Project 1 could be sold at the end of six years for a price of $53,000. Use the Present Value of $1 at Compound Interest and the Present Value of an Annuity of $1 at Compound Interest tables shown below. Present Value of an Annulty of $1 at Combound Interest dollar. b. Which project provides the greatest net present walue

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