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The information of two projects is given as follows; Project First Cost Annual Operation Cost Salvage Value Life, Years A 22,000 4,800 2.500 B 19000

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The information of two projects is given as follows; Project First Cost Annual Operation Cost Salvage Value Life, Years A 22,000 4,800 2.500 B 19000 3,500 1,500 6 4 Using MARR 15% per year, determine which project should be selected on the basis of a present-worth analysis. (20 mins)

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