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Only one of four different machines is to be purchased for a certain production process. An engineer performed the following analyses to select the best

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Only one of four different machines is to be purchased for a certain production process. An engineer performed the following analyses to select the best machine. All machines are assumed to have a 10-year life. Which machine, if any, should the company select if its MARR is (a) 12% per year and (b) 20% per year

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