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Please explain a scenario in which the equivalent annual cost (EAC) approach would be a helpful approach to determining which project to choose. Additionally, please

Please explain a scenario in which the equivalent annual cost (EAC) approach would be a helpful approach to determining which project to choose. Additionally, please calculate the NPV for option A and option B. Which option would you use?

please provide a different answer than the one already posted on chegg. thank you

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