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The Consolidated Oil Company must install antipollution equipment in a new refinery to meet federal clean-air standards. Four design alternatives are being considered which will

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The Consolidated Oil Company must install antipollution equipment in a new refinery to meet federal clean-air standards. Four design alternatives are being considered which will have capital investment and annual operating expenses as shown in the table. Assume a useful life of 11 years for each design, no market value, a desired MARR of 11% per year, and an analysis penod of 11 years. Which one if any should be selected? So ve this problem using the ERR method Let ? 10% per year. Click the icon to view the alternatives description. Click the icon to view the interest and annuity table for discrete compounding when 1-10% per year

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