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Northrop Grumman has 7,000 to spend on the following three projects. Use the AW method to determine which of these independent investments are financially acceptable

Northrop Grumman has 7,000 to spend on the following three projects. Use the AW method to determine which of these independent investments are financially acceptable at 6% per year compounded monthly interest rate.

Option	Installed Cost	Return per month
A	4500	220
B	3000	200
C	2200	140

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