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problem A manufacturing firm is looking to invest in new equipment. Options A and B have a known initial cost and a a known savings
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A manufacturing firm is looking to invest in new equipment. Options A and B have a known initial cost and a a known savings each year of the analysis period as shown in the table below. Option C has a known initial cost, but an unknown uniform annual savings. Using an MARR of7%, determine the required uniform annual savings for Option 3, if Option 3 is to be the best option. Express your answer in $ to the nearest $10Step by Step Solution
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