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Question: The Larkspur Furniture Company needs a new grinder... The Larkspur Furniture Company needs a new grinder. Compute the present worth for these mutually exclusive

Question: The Larkspur Furniture Company needs a new grinder... The Larkspur Furniture Company needs a new grinder. Compute the present worth for these mutually exclusive alternatives and identify which you would recomend given i = 6% per year. The anaysis period is 20 years. Alternative A. Initial cost = $4500, Annual cost = $300, Salvage value = $500, and life = 5 years. Alternative B. Initial Cost = $5500, Annual cost = $400, Salvage Value = $0, and Life = 10 years

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