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Q1) a. Two alternatives are shown in table. Choose the best alternative using interest rate of 10% per year (Hint: Use Present Worth Analysis) (40)

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Q1) a. Two alternatives are shown in table. Choose the best alternative using interest rate of 10% per year (Hint: Use Present Worth Analysis) (40) Alternative M Alternative N First cost, 10000 Salvage Value, $5,000 Annual cost 1000 Life, years 10 8000 10000 3000 20

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