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The cash flows in the table below represent the potential annual savings associated with two different types of production? processes, each of which requires an
The cash flows in the table below represent the potential annual savings associated with two different types of production? processes, each of which requires an investment of ?$33,000. Assume an interest rate of 6?%.
a)The equivalent annual savings for process A are $( )
b)The equivalent annual savings for process B are $( )
c)Determine the hourly savings for each process, assuming 2000 hours of operation per year.
d)which process should be selected
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