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Solve with details and formula 5) (20 points) A public utility company has $6 million to invest and is considering two renewable energy projects with

Solve with details and formula

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5) (20 points) A public utility company has $6 million to invest and is considering two renewable energy projects with cash flows over a 10-year planning horizon estimated to be as follows: Project A Project B Initial Investment $6 million $5 million Annual Savings $1.175 million $1 million MARR is 15% per year compounded annually. Not investing in either project is a viable option for the company. What is your recommendation for the company? Solve using the benefit-cost ratio analysis

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