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Required information For the five independent projects given, the capital budget limit is $120,000, the MARR is 10% per year, and all projects have a

Required information For the five independent projects given, the capital budget limit is $120,000, the MARR is 10% per year, and all projects have a 10-year life. Project A B C D E First Cost, $ -18,000 -15,000 -35,000 -60,000 -50,000 Net Income, $per Year 4000 2800 12,600 13,000 8000 IROR, % 18.0 13.3 34.1 17.3 9.6 Rank and select from the independent projects using the PI measure. Find the investment required for the selection. Select projects (Click to select) The investment is $ PW at 1 657 220 42,43 19,87 -84

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