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Solve the following capital budgeting problem using the linear programming model and a spreadsheet. Three projects are to be evaluated at an MARR of 12.5%

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Solve the following capital budgeting problem using the linear programming model and a spreadsheet. Three projects are to be evaluated at an MARR of 12.5% per year with no more than $3.0 million invested. Determine which project(s) should be selected and the Z value. Estimated NCF. $ per year Project Investment, $ millions Life, Years Gradient After Year 1 Year 1 1 -0.9 6 250.000 -5000 2 -2.1 10 385.000 +5000 3 -1.0 5 200,000 +25% Select project(s) Click to select) The Z value is $

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