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Question 1 2 pts Cash flows of two mutually exclusive projects are as follows. Project A costs $60,000 initially and will have a $15,000 salvage
Question 1 2 pts Cash flows of two mutually exclusive projects are as follows. Project A costs $60,000 initially and will have a $15,000 salvage value after 3 years. The operating cost with this method will be $20,000 per year. Project B has initial cost of $120,000, an operating cost of $10,000 per year, and a $40,000 salvage value after its 3-year life. Assume the interest rate is 10% per year. Which of the following statements is false? The annual worth of Project B is -$39,150.18 The present worth of project Bis -$114,815.93. O The present worth of project A is -$98,467.32. O Project A should be selected
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