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Question 4 18 points Save Solve the following problem using the present worth analysis for an interest rate of 12%. Initial cost Benefit/year Life in

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Question 4 18 points Save Solve the following problem using the present worth analysis for an interest rate of 12%. Initial cost Benefit/year Life in years Alt. A $20,500 8,500 4 ) Write the complete factor notation for calculating the present worth of alternative A. Represent this problem as completely as possible usin factor or functional notation ONLY. Include all relevant information for the problem but do not include information from the compound interest tables Generic factor notations that do not include specific information for this problem will not be accepted. 2050pxpil 1) Using the factor notation in (1) above and factors from compound interest tables, calculate the present worth of the cash flow in the table above. Enter all units and round the final answer to 2 decimal places

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