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Solve clearly 6. Use the benefit-cost-ratio' analysis to identify the best alternative. Useful life for all alternatives is 10 years and the interest rate is

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Solve clearly

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6. Use the "benefit-cost-ratio' analysis to identify the best alternative. Useful life for all alternatives is 10 years and the interest rate is 5 percent. (10 Marks) X1 X2 X3 First Cost of the Asset ($) 55,000 60,000 110,000 Annual Benefits ($) 7.123 7.777 14.500

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