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The details of two Plants are provided below. Considering an interact rate of 6%, which Plant should be selected? Plant 1 Plant 2 Initial Cost

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The details of two Plants are provided below. Considering an interact rate of 6%, which Plant should be selected? Plant 1 Plant 2 Initial Cost $5,500,000 $5,000,000 $0 $0 Salvage Value Service Life Permanent 50 Years

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