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Project A has an initial cost of $33,000 and generates annual cash savings of $15,000 per year for three years. Project B has an upfront
Project A has an initial cost of $33,000 and generates annual cash savings of $15,000 per year for three years. Project B has an upfront cost of $50,000 but yields higher annual savings of $25,000 for year 1, $22,000 for year 2, and $20,000 for year 3. The projects are mutually exclusive. Calculate the cross-over rate for the two projects
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