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PW of cash flows through year k, PWK Year Defender -19620 2 -27100 3 -42015 1 Challenger -15020 -35575 -48110 -64000 -87910 4 Please answer

PW of cash flows through year k, PWK Year Defender -19620 2 -27100 3 -42015 1 Challenger -15020 -35575 -48110 -64000 -87910 4 Please answer the following questions and attach your handwritten solutions in the next part. Assume that MARR IS 10% per year. a) What is the economic service life for both the defender and the challenger, interpret the result based on the ESLS

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