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Potable water is in short supply in many developing countries. To address this need, two mutually exclusive water purification systems are being considered for implementation
Potable water is in short supply in many developing countries. To address this need, two mutually exclusive water purification systems are being considered for implementation in a developing country. Doing nothing is not an option. The MARR is 8% per year. Calculate the discounted payback period for each of the two systems. Which system should be selected based on the payback period? The discounted payback period for System 1 is. (Round to one decimal place.) The discounted payback period for System 2 is. (Round to one decimal place.) Which system should be selected? Choose the correct answer below. System 1 System 2
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