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QUESTION 5 A company is considering three alternatives for a construction project. Which is the best alternative at 6.8% per year interest. Use Present Worth

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QUESTION 5 A company is considering three alternatives for a construction project. Which is the best alternative at 6.8% per year interest. Use Present Worth evaluation Alternative A: initial cost is $647,000; annual maintenance is $11.200; an overhaul in year 3 is $6000, an overhaul in year 6 is 56000, and an overhaul in year 9 is $6000 Alternative B: initial cost is $678,000; annual maintenance is $14,400, and an overhaul in year 6 is 59000. Alternative C: initial cost is $587,000; annual maintenance is $18,600; an overhaul in year 3 is $12,000; an overhaul in year 6 is $12,000; and an overhaul in year 12 is $12,000

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