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The cash flows of two independent alternatives are given below at MARR= 10% per year. Determine X for the two alternatives to breakeven. Alternatives Alternative
The cash flows of two independent alternatives are given below at MARR= 10% per year. Determine X for the two alternatives to breakeven.
| Alternatives | Alternative 1 | Alternative 2 |
| First cost, $ | -50,000 | -35,000 |
| NCF, $/year | X | 15,000 |
| Life, years | 8 | 8 |
| $13,800 | ||
| $20,700 | ||
| $17,800 | ||
| $18,700 |
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Financial Markets And Institutions
Authors: Jeff Madura
10th Edition
1285531507, 9781285531502
