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Problem 5 15 points Your lawn care service is considering two commercial mowers for purchase, as indicated below. Assume that you can replace each machine
Problem 5 15 points Your lawn care service is considering two commercial mowers for purchase, as indicated below. Assume that you can replace each machine with identical equipment at the end of their useful ives. If your MARR is 12%, which mower would you choose? Small $2,000 Net Annual Revenues $1,000 $500 years Large $5,000 $1,500 $700 10 years Purchase Price Salvage Value Useful Life
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