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Please help! Question 4 0.5 pts After calculating the Equivalent Annual Annuity ... Type the equivalent-annual-annuity of the project you would choose (A or B)
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Question 4 0.5 pts After calculating the Equivalent Annual Annuity ... Type the equivalent-annual-annuity of the project you would choose (A or B) ? ..... Assume the discount rate is 5%. Year 0 Project A Project B $(199,189) $(153,232) $43,080 $76,503 $71,719 $77,621 1 2 3 $26,768 4 $40,923 5 $65,290 ***Hint: Use five years for Project A and two years for Project B as the life of the EAA (Assumption: Projects are renewable indefinitely). Round your answer to the nearest two decimals if needed. Do not type the $ symbolStep by Step Solution
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