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Solve the following problem using the present worth analysis for an interest rate of 8%. Alt. A Alt. B Alt. C Initial cost $1,700 $2,100

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Solve the following problem using the present worth analysis for an interest rate of 8%. Alt. A Alt. B Alt. C Initial cost $1,700 $2,100 $3,750 Benefit/year 1,000 1,000 1,000 Life in years 4 3 6

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